Yes Bank offers home loans with interest rates starting from 8.75% p.a., providing flexible tenures of up to 35 years and loan amounts that can cover up to 90% of the property’s value. The bank offers specialized features, including a home loan balance transfer option for borrowers from other lenders, and top-up loans for existing customers.
Yes Bank’s home loan products cater to a wide range of individuals, including salaried professionals, self-employed individuals, and entrepreneurs looking to buy, construct, or renovate homes. Additionally, the bank provides attractive benefits such as competitive interest rates, easy documentation, and personalized repayment plans to suit diverse financial needs.
| Yes Bank Home Loan Highlights | |
| Particulars | Details |
| Interest Rate | 9.40%-12.50% p.a. |
| Loan Amount | Rs 10 lakh-Rs 10 crore |
| Tenure | Up to 35 years |
| Processing Charges | Up to 1.5% or Rs. 10,000 (whichever is higher) + GST |
| Minimum Income | For Salaried: Rs 20,000 per monthFor Self-Employed: Rs 4 lakh p.a. For YES Khushi Home Loan: Rs 9,000 per month |
Types of Home Loans
| Type of Home Loan | Purpose | LTV Ratio | Tenure | Special Features |
| YES Home Loan | Purchase/Construction/Extension of Property | Up to 90% | Up to 30 years | Competitive interest rates, flexibility in repayment options |
| YES Home Loan Plus | Purchase/Construction/Extension of Property | Up to 90% | Up to 30 years | Additional top-up facility, balance transfer options |
| YES Home Loan for Women | Purchase/Construction/Extension of Property | Up to 90% | Up to 30 years | Lower interest rates for women borrowers, easy documentation |
| YES Home Loan for NRI | Purchase/Construction/Extension of Property | Up to 85% | Up to 30 years | Tailored solutions for NRIs, repatriation facilities |
| YES Home Loan Balance Transfer | Transfer existing home loan from another bank | Up to 90% | Up to 30 years | Lower interest rates, top-up facility on transferred loan |
Table of Contents
Why Choose Yes Bank Home Loan?
Yes Bank Home Loan Features & Benefits
- Enhanced Eligibility
- Balance Transfer Facility
- Flexible Loan Amount
- Long Tenure
Yes Bank Home Loan Interest Rate
| Customer Type | Effective Rate Of Interest |
| Salaried Individuals | 8.70% onwards |
| For Self-employed | 8.75% onwards |
Eligibility Criteria for Yes Bank Home Loan
| Requirements | Salaried | Self-Employed |
| Residency | Indian/NRI | Indian/NRI |
| Age | 21 – 70 years | 21 – 70 years |
| Minimum Net Income | Rs.20,000 per month | Rs.30,000per annum |
Documents Required for Yes Bank Home Loan
| Documents | Salaried Individuals | Self-Employed Professionals | SENP/Co./HUF/Partnership Firm/LLP | NRIs |
|---|---|---|---|---|
| Bank statement/pass book copy | Yes | Yes | Yes | Yes |
| Last 6 months bank statements from domestic(*FCNR/NRNR) & salary/active international account | Yes | Yes | Yes | Yes |
| Passport | ✔ | ✔ | ✔ | ✔ |
| Driving Licence | ✔ | ✔ | ✔ | ✖ |
| School Leaving Certificate | ✔ | ✔ | ✔ | ✖ |
| Birth Certificate | ✔ | ✔ | ✔ | ✖ |
| Voter Identity Card | ✔ | ✔ | ✔ | ✖ |
| PAN Card | ✔ | ✔ | ✔ | ✔ |
For Salaried
- Application with photograph
- Aadhaar Card
- Pan Card/Form 60
- Last 06 Month Bank Statement where salary is credited
- Qualification proof is not needed
KYC Documents
- Address Proof
- Identity Proof
- Signature Proof
Proof of Income
- Last 2 years’ Salary Slip and IT returns/ Form 16
For Self-Employed
- Application with photograph
- Aadhaar Card
- Pan Card/Form 60
- Last 06 Month Bank Statement from the operative account
- Qualification proof is applicable
KYC Documents
- Address Proof
- Identity Proof
- Signature Proof
Proof of Income
- 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
How to Apply for a Home Loan at the Yes Bank?
You can apply in two ways:
- Through the official Yes Bank Ltd. portal by filling out the application form and tracking the application status online.
- Contact Us at +91 636909 5433 or Visit Grow Associates for more convenient option
Yes Bank Home Loan Interest Rates vs Other Banks & HFCs
| Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
| SBI Bank | 8.5% p.a. onwards | 8.5% p.a. onwards | 8.5% p.a. onwards |
| HDFC Bank | 8.7% p.a. onwards | 8.7% p.a. onwards | 8.7% p.a. onwards |
| ICICI Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards |
| Kotak Mahindra Bank | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards |
| Punjab National Bank | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. | 8.40% – 12.10% p.a. |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. |
| Bank of India | 8.4% p.a onwards | 8.4% p.a onwards | 8.4% p.a onwards |
| TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
