Yes Bank Personal Loan Interest Rate: Complete Guide

Key Takeaways
 

1. Yes Bank Personal Loan interest rates range from 10.85% to 21% p.a., depending on your credit profile and income.
    
2. Salaried applicants and existing Yes Bank customers often get lower rates and faster approvals.
    
3. Factors like CIBIL score, employer profile, and tenure directly impact your final loan offer.
    
4. Loan amounts between ₹1,00,000 and ₹40,00,000 can be repaid over flexible terms from 12 to 60 months.

Bonus Tip: If you maintain a salary account with Yes Bank, request a personal loan via the app, this often unlocks exclusive digital-only rates and processing fee discounts not available at branches.

Yes Bank Personal Loan Interest Rate is the percentage charged annually on personal loan amounts, varying by profile, income, and tenure.

Ravi Kumar, a 35-year-old IT consultant from Bengaluru, applied for a ₹5,00,000 Yes Bank Personal Loan in January 2025. With a strong CIBIL score of 782 and a monthly salary of ₹70,000, he qualified for an interest rate of 11.25% p.a.over a 5-year tenure. His EMI turned out to be approximately ₹10,954. 

By opting for a shorter repayment tenure and applying digitally as an existing savings account holder, he avoided higher processing charges and saved over ₹25,000 in total interest. His pre-approved relationship with Yes Bank helped speed up disbursal within 48 hours.

In this blog we will learn more about calculating the Interest rate, charges and its features.

 Yes Bank offers personal loans at competitive interest rates starting from 10.85% and going up to 21% per annum in 2025. The rates vary based on factors such as the applicant’s income, credit score, employer type, loan amount, and repayment tenure.

Salaried professionals generally receive lower rates than self-employed individuals, while existing Yes Bank customers can access preferential rates through pre-approved offers. Loan amounts range from ₹1,00,000 to ₹40,00,000, with flexible repayment terms between 12 to 60 months

Yes Bank Personal Loan Interest Rates 2025

Yes Bank offers personal loans with interest rates ranging approximately from 10.85% to 21% per annum, catering to different customer segments such as salaried individuals, self-employed professionals, and existing bank customers.

• Salaried Customers: Typically receive interest rates starting around 10.85% to 11.25% p.a., benefiting from stable incomes and employer verification.
   
• Self-Employed Customers: Interest rates generally start slightly higher, around 11.25% to 13% p.a., reflecting varied income patterns.
   
• Existing Yes Bank Customers: Often enjoy preferential or discounted rates based on their account history and relationship with the bank.

Loan amounts can range from ₹1,00,000 up to ₹40,00,000-₹50,00,000 with flexible repayment tenures from 12 to 60 months. 

Yes Bank offers flexible personal loan interest rates based on customer profile and income stability.
 

Yes Bank provides competitive personal loan rates tailored to different income profiles and customer relationships.

Types of Yes Bank Personal Loan Schemes

Here are the main types of Yes Bank Personal Loan schemes available in 2025:

1. Standard Personal Loan
   • For salaried and self-employed individuals needing quick funds for personal use.
   • Loan amount: ₹1,00,000 to ₹40,00,000
   • Interest rates from 11.25% to 21% p.a.
   • Flexible repayment tenure: 12 to 60 months
      
2. Instant Personal Loan for Salaried Employees
   • Tailored for salaried professionals with quick approvals (in minutes).
   • Minimal documentation and zero collateral.
   • Easy online application and disbursal process.
      
3. Personal Loan for Women
   • Special schemes and offers to empower women borrowers.
   • Attractive interest rate discounts and flexible repayment options.
      
4. Balance Transfer Loan
   • For customers seeking to transfer existing high-interest personal loans from other banks to Yes Bank at lower rates.
      
5. Top-up Loan
   • Additional loan on existing Yes Bank personal loans to meet unforeseen expenses without applying for a fresh loan.

Each loan type benefits from minimal paperwork, quick sanctioning, part prepayment options, and customer-centric service. Eligibility and exact interest rates vary by profile and relationship with the bank

Key Features of Yes Bank Personal Loan

Here are the key Features of personal loan:

• Interest rates from 11.25% to 21% p.a. based on profile and loan amount
• Loan amounts ranging from ₹1,00,000 up to ₹40,00,000
• Flexible repayment tenure from 12 to 60 months
• Minimal documentation and quick approval process
• No collateral or guarantor required (unsecured loans)
• Part prepayment and loan foreclosure allowed after 12 EMIs with nominal charges
• Competitive processing fees up to 2.5% of loan amount
• Special offers and discounted rates available for women and existing customers
• 100% digital application and disbursal option for convenience
• Transparent fees and no hidden charges

These features make Yes Bank personal loans accessible, flexible, and affordable for a wide range of borrowers.

Factors Affecting Yes Personal Loan Interest Rate:

The Factors affecting the Yes Bank Personal Loan Interest rates are:
Credit Score: Higher credit score leads to lower interest rates as it reflects good repayment history.

• Income: Higher and stable income typically results in more favorable interest rates.
• Employer Profile: Employees of reputed companies may get preferential rates due to lower credit risk.
• Relationship with Yes Bank: Existing customers with good banking history often get discounted rates.
• Loan Amount: Larger loan amounts may qualify for better rates compared to smaller loans.
• Loan Tenure: Shorter tenures generally attract lower interest rates, while longer tenures may increase the rate.
• Repayment Capacity: Demonstrated ability to repay influences the interest charged by the bank.

These factors collectively determine the final interest rate offered to an individual customer on their personal loan from Yes Bank.

Yes Bank Personal Loan Interest Rate Calculation

Yes Bank calculates personal loan EMIs using the standard reducing balance method with the formula:

EMI=[P x R x (1+R)^N]/[(1+R)^N-1]

where,

EMI=Equated Monthly Installment

P=Principal Loan Amount

R=Monthly Interest Rate

N=Number of Monthly Installments

For example, for a personal loan of ₹1,20,000at 11.5% interest for 5 years, the EMI will be approximately ₹2,639.

Yes Bank provides an online EMI calculator where borrowers can input the loan amount, tenure, and interest rate to get the exact monthly instalment and plan repayment accordingly.

Tips to Get Lower Interest Rates from Yes Bank:

Tips to Get Lower Interest Rates from Yes Bank Personal Loan:

• Maintain a high and good credit score (750+).
• Choose a shorter loan tenure to reduce interest burden.
• Demonstrate a stable and higher income profile.
• Apply as an existing Yes Bank customer for preferential rates.
• Opt for higher loan amounts, if affordable, to negotiate better rates.
• Show clean and timely loan repayment history on previous credits.
• Opt for digital application to avail ongoing online exclusive offers.
• Avoid multiple recent loan applications to improve your perceived credit risk.
• Consider opting for a salary account with Yes Bank for relationship benefits.

Following these tips can help lower the effective interest rate and make your Yes Bank personal loan more affordable.

Conclusion

Yes Bank Personal Loans combine competitive interest rates, flexible terms, and minimal paperwork, making them ideal for both salaried and self-employed borrowers. Whether you’re consolidating debts or planning a big purchase, your rate will depend on your credit score, income, and relationship with the bank. 

FAQs on Yes Bank Personal Loan Interest Rates

Can existing savings account holders get a lower Yes Bank Personal Loan interest rate through pre-approved offers?
Yes, customers with a strong banking history may receive special Yes Bank Personal Loan interest rates via pre-approved offers, especially during festive or promotional periods.

Does Yes Bank Personal Loan interest rate differ for self-employed applicants compared to salaried individuals?
Yes, the Yes Bank Personal Loan interest rate is usually higher for self-employed applicants due to variable income risks and business vintage requirements.

How does a high CIBIL score impact my Yes Bank Personal Loan interest rate negotiation?
A CIBIL score above 750 significantly improves your chances of securing a lower Yes Bank Personal Loan interest rate or a waiver on processing charges.

Is the Yes Bank Personal Loan interest rate fixed or floating throughout the repayment tenure?
Yes Bank Personal Loan interest rates are typically fixed, meaning your EMI stays constant throughout the loan term, regardless of repo rate changes.

Can I switch my existing loan to a Yes Bank Personal Loan if they offer a better interest rate?
Yes, balance transfer is possible, and if your credit profile qualifies, you can shift to a Yes Bank Personal Loan at a lower interest rate to reduce EMI burden.

Can I close a Yes Bank personal loan within 1 year?
Yes, you can close it anytime, but the bank may apply prepayment penalties as per your loan agreement.

How do I check my Yes Bank personal loan account statement?
You can view it through Yes Bank net banking, contact your Relationship Manager, or visit the branch for assistance.
 

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.