1 Crore Home Loan Yes Bank
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Are you tired of settling for a cramped living space that doesn't quite fit your dreams? It's time to break free from limitations and step into the home you've always imagined. Yes Bank’s 1 crore home loan empowers you to create the perfect living environment for yourself and your loved ones. With flexible repayment terms designed to match your financial strategy and competitive interest rates starting at just 9.40%, YES Bank is your trusted partner in making homeownership a reality. Say goodbye to compromises and hello to the home of your dreams with the YES Bank 1 crore home loan.
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Table of Content
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1 Crore Home Loan YES Bank – Highlights
Mentioned below are the key highlights of the 1 crore Home Loan YES Bank
Feature | Description |
Loan Amount | Up to 1 crores* |
Loan Tenure | Up to 35 years |
Interest Rate | 9.40% – 10.25% p.a. |
Home Loan Types | Purchase,
Improvement, Top-up, Transfer, Loans for Self-Employed, NRI Home Loans |
1 Crore Home Loan EMI for 10 years YES Bank
For calculating the EMI payment on a 10-year YES Bank home loan of ₹1 crore, an annual interest rate of 9.40% is applicable.
Loan Amount | Interest Rate | Loan Tenure | EMI |
1 Crore | 9.40% | 10 Years | ₹1,28,851 per month |
1 Crore Home Loan EMI for 20 Years YES Bank
To determine the EMI payment for a 20-year YES Bank home loan, utilise the initial annual interest rate of 9.40%.
Loan Amount | Interest Rate | Loan Tenure | EMI |
1 Crore | 9.40% | 20 Years | ₹92,561 per month |
1 Crore YES Bank Home Loan – Fees and Charges
Associated with YES Bank’s 1 Crore home loan interest rate, there are additional expenses to consider. These charges include:
Particulars | Charges/Fees |
Processing Fee | 1.5% or Rs. 10,000, whichever is higher |
Part-Payment/Pre-closure/Foreclosure Fees | NIL for floating-rate loans
4% on the principal outstanding for fixed-rate loans |
Late Payment Fees / Penal Interest Rate (Default Interest Rate) | following the 30-day grace period at the contractual rate for the outstanding amount/period |
1 Crore YES Bank Home Loan – Documents Required
To apply for a 1 Crore Yes Bank home loan, complete and sign the application form. Additionally, submitting specific documents is necessary for approval:
- Identity and Residence Verification (KYC): Provide a PAN Card, Aadhaar Card, Voter ID, Passport, or Driving License.
- Proof of Income: Submit either the latest three months’ salary slips, Form 16 for the last two years, or bank statements covering the previous six months.
- Property Related Documents: Include NOC from builders/society, registered sale deed, or buyer agreement.
- Other Home Loan Documents: Bring passport-size photographs and a duly filled form.
1 Crore YES Bank Home Loan – Eligibility Criteria
To qualify for a four crore Yes Bank home loan, you need to meet the following criteria:
- Age Criteria: Applicants must fall within the age range of 21 to 70.
- Eligibility: The loan is available to individuals with fixed salaries, self-employed individuals, and NRIs.
- Employment Type: The loan caters to self-employed, salaried, and agriculturists.
- Salaried Applicants: Require at least two years of work experience, with at least six months in the current organisation.
- Self-employed Applicants: Must have a minimum of three years of experience in business or a profession.
Frequently Asked Question (FAQs)
What is the EMI for a 1 crore Home Loan for 20 years in YES Bank?
Who is eligible for a 1 crore Home loan in YES Bank?
What is the monthly interest rate of a 1 crore home loan in YES Bank?
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