1 Crore Home Loan Yes Bank

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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Written By
Hepson Franklin
Hepson Franklin
Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

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:

  1. Identity and Residence Verification (KYC): Provide a PAN Card, Aadhaar Card, Voter ID, Passport, or Driving License.
  2. 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.
  3. Property Related Documents: Include NOC from builders/society, registered sale deed, or buyer agreement.
  4. 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?

For a 20-year 1 Crore Home Loan, Yes Bank will levy a monthly EMI of ₹92,561.

Who is eligible for a 1 crore Home loan in YES Bank?

Yes Bank offers home loans of up to 1 crore to eligible applicants, including business owners and salaried individuals. Eligibility hinges on age, stable income, credit score, and financial obligations. It is imperative to fulfil the bank's specified application requirements for non-resident Indians (NRIs) and Indian residents.

What is the monthly interest rate of a 1 crore home loan in YES Bank?

Yes Bank's 4 crore home loan begins with an annual interest rate of 9.40%.
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