A personal loan is a financial solution that helps meet your immediate financial requirements. It is the most convenient form of acquiring finances as it does not require you to make a security deposit against it, the documentation is simple and hassle-free, and you can avail the personal loan for numerous reasons. You may opt for a personal loan to pay for a wedding, take a long-awaited vacation, redo your house, or clear outstanding dues against one loan, depending on your current financial needs.
We, at YES BANK, believe in designing a personal loan that ensures that the borrower receives the desired funds with minimum hassle and in a manner convenient to them.
In pursuance of this objective, YES BANK personal loans offer you the most reliable way of obtaining the desired funds with customer-friendly services. The numerous benefits of applying for a personal loan with YES BANK include-
No requirement of a guarantor or a security deposit to apply for the loan.
Flexible repayment options, which include tenure options ranging from 1 year to 5 years.
The option of a pre-closure. In case you run in to some extra cash, you could always choose to make a full prepayment before the expiration of the loan tenure. Though this is conditional, with a charge of up to 4% levied on the pre-closure, it can help you save money on the interest to be paid for the remainder of the loan tenure. There is no option for part prepayment.
Simple documentation with quick application processing.
Door Step Service – We collect the required documents for personal loan and complete all formalities at your doorstep, without requiring you to come to the bank branch.
Additionally, we use modern technology to make our services accessible from your home or office through our NetBanking Services.