70 Lakh Home Loan Yes Bank

That dream home you've been envisioning might seem out of reach, but with a Yes Bank Home Loan for up to ₹70 lakh, it's closer than you think. This substantial loan option bridges the gap between your dream and your down payment, allowing you to invest in your future.

Yes Bank understands the importance of financial flexibility. Their competitive interest rates and potentially streamlined application process can ease the burden and get you one step closer to owning your own haven. Don’t wait any longer! Explore your options and discover how a ₹70 Lakh Yes Bank Home Loan can make your dream home come true.

70 Lakh Home Loan Yes Bank- Highlights

Mentioned below are the key highlights of a 70 lakh Yes Bank home loan:

70 Lakh Home Loan EMI for 10 years Yes Bank

The EMI for a 70 Lakh Home Loan from Yes Bank for a tenure of 10 years at an interest rate of 9.40% would be approximately ₹90,195 per month. 

70 Lakh Home Loan EMI for 20 years Yes Bank

The EMI for a 70 Lakh Home Loan from Yes Bank, with a tenure of 20 years and an interest rate of 9.40%, would be approximately ₹64,793 per month. 

70 Lakh Yes Bank Home Loan – Fees and Charges

Besides the interest rate provided by Yes Bank, there are supplementary charges associated with home loans. These expenses include:

70 Lakh Yes Bank Home Loan – Documents Required

A 70 lakh Yes Bank home loan application needs to be filled out and signed. The following documents must also be submitted for approval.

• Accepted Identity Documents: Aadhaar Card, PAN Card, Passport, Voter’s ID Card, Driving License.
• Accepted Address Documents: Recent utility bills (electricity, water, gas), Aadhaar Card, Passport, Voter’s ID Card, Rental Agreement or Lease.

• Income Proof for Salaried Individuals:

– Salary slips from the past 3 months.

– Bank statements from the past 6 months showing salary deposits.

– Latest Form 16 and income tax returns for the previous 2 years.

• Income Proof for Self-Employed/Business Owners:

– Income tax returns from the last 3 years with computation of income.

– Certified balance sheet and profit & loss account audited by a Chartered Accountant for the past 3 years.

– Bank statements from the individual and business for the last 6 months.

• Property Documents:

– Approved plan copy from the Local Authorities.

– Sale deed or agreement of sale with the builder, if applicable.

– Bank account statements showing all property-related transactions.

– Receipts of advance payments made towards the property purchase.

– Cost estimation for construction, if relevant.

• Other Required Documents:

– Recent passport-size photographs.

– Processing fee cheque.

– Proof of business existence and business profile for self-employed individuals.

– Self-employed professionals require an educational qualification certificate and proof of business existence.
– Detailed information on current loans, including outstanding amounts and monthly instalments.

70 Lakh Yes Bank Home Loan – Eligibility Criteria

For eligibility for a 70 lakh Yes Bank home loan, the following criteria must be met:

• Age: 21-70 years old
  
• People with steady incomes, including those who are self-employed or non-resident Indians, are encouraged to apply.
  
• Yes Bank welcomes self-employed individuals with a consistent salary, or are engaged in agriculture.
• Individuals with consistent salaries must have at least two years of work experience, with at least six months at their current company.
  
• Self-employed individuals should have a minimum of three years of experience in their chosen business or profession.