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Press Release

YES BANK launches ‘Loan in Seconds’ for instant loan disbursements

Now avail Personal Loan in just a few clicks - loan credited instantly

Mumbai, July 6, 2020:  YES BANK announced the launch of ‘Loan in Seconds’, a unique solution enabling instant disbursement of retail loans for the Bank’s pre-approved liability account holders, in line with the Bank’s strategy of building a transformed ‘Digital Bank’. Leveraging on the Bank’s strong technology and analytics, which plays a critical role in identifying and customizing offers for each individual customer, this digital solution aims to provide hassle-free loans to help customers meet their financial needs across products.

‘Loan in seconds’ through its algorithm assesses a loan application in real-time – eliminating the lengthy process of documentation, thereby resulting in a seamless customer experience. This solution helps in availing instant financing without the need to visit a branch in person, fill an exhaustive form, or submit any documentation.

Eligible customers under ‘Loan in Seconds’ will receive communication from the Bank with the link to apply. All that a customer needs to do is verify and accept the final offer, check the terms and authenticate the request for enabling instant money credit into their account.

Key features of ‘Loan in Seconds’ for Personal loan:

  • Funds credited to customer’s account in seconds

  • Only a few clicks needed to process the loan

  • Zero Documentation for loan disbursement 

  • Completely device agnostic, available 24/7 across desktop and mobile devices

Speaking on the launch, Rajan Pental, Global Head – Retail Banking, YES BANK, said, “This launch is a testament to YES BANK’s continued leadership in digital innovation and technology capabilities, aimed to offer customers a comprehensive range of retail products in a form and manner which is convenient, fast and easy to use. With ‘Loan in Seconds’, we provide a differentiated banking experience to customers as the loan gets instantly credited to their accounts in a completely paperless and hassle-free way.”


YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.

YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

For more information, please visit the Bank’s website at  


For media queries, please contact:

Mihir Mukherjee

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