Yes Bank Loan Against Property Interest Rates 2024
Get details on Yes Bank property loans on Eligibility. Details on Documents, Interest Rates, Eligibility, Loan amount, loan emi & other various process at Deal4loans.
Loan Processing Fees = Upto 2.00%
Loan Foreclosure charges = 4.00% for fixed rates, Nil for Floating rate options.
Features & why to choose yes bank over other:
- Loan upto Rs. 5 crores
- Flexiable repayment options
- Attractive & lowest interest rates
- Faster process
- Minimum documentations
Eligibility*
• Salaried
- – Min Age : 25 years
- – Max Age : 58 years (As on the date of maturity of loan)
- – Min Net Income : INR 3.00 Lacs per annum
- – No. of Years in Employment : Min 3 years in employment with minimum 1 year in current organisation
• Self Employed Professionals
- – Min Age : 25 years
- – Max Age : 65 years (As on the date of maturity of loan)
- – Min Cash Profit : INR 4.00 Lacs per annum for the last 2 fiscal years
- – No. of Years in Profession : Min 4 years for Doctors and CAs / Min 5 years for others
• Self Employed Businessmen / Retail SME Enterprises
- – Min Age : 25 years
- – Max Age : 65 years (As on the date of maturity of loan)
- -Min Cash Profit : INR 4.00 Lacs per annum for the last 2 fiscal years
- – No. of Years in Business : Min 5 years in same line of business
* Terms and Conditions apply. Credit at the sole discretion of YES BANK Ltd
Documents Required for Loan Against Property – Yes Bank:
Documentation Checklist*
- Proof of Identity and Signature
- Proof of Address (Office & Residence)
- Income Documents:
- – Salaried: Latest 2 salary slips and last 2 years IT Returns / Form 16
- – Self Employed Professionals: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
- – Self Employed Businessmen / Retail SME Enterprises: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
- Last 6 months bank statement of salary / main operating bank account
- Details of all existing loans
- Additional Documents in case of Partnership Firms: Partnership Deed
- Additional Documents in case of Private / Public Limited Company:Memorandum & Article of Association and List of Directors & Shareholders
- Copies of all property documents*The check list is only indicative and not exhaustive. Depending upon the local requirements at different places addition could be made as per necessity
