80 Lakh Home Loan Yes Bank

Dreaming of owning your home and stepping into a space that belongs to you? With Yes Bank's 80 Lakh Home Loan, buying your own space is now convenient and practical without worrying much about financial constraints! 

Yes Bank's home loan is designed to cater to the needs of various home enthusiasts. With flexible repayment plans, attractive home loan interest rates of 80 Lakh and minimal documentation, you can choose an option that fits your budget and lifestyle. Whether you prefer shorter terms with higher payments or longer terms with lower payments, Yes Bank has you covered.

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Written By
Amrita Sinha
Amrita Sinha
Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.
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.

Competitive interest rates make Yes Bank’s home loans affordable for borrowers of all backgrounds. Yes Bank’s straightforward application process means you can spend less time dealing with paperwork and more time planning your future in your new home. Additionally, Yes Bank’s Home Loan EMI is curated to meet your budget while meeting your other expenses.

Whether you’re a first-time homebuyer or looking to upgrade to a larger space for your growing family, Yes Bank’s home loan options provide the support and financial assistance you need. 

80 Lakh Yes Bank Home Loan – Highlights 

The interest rate and other important factors for Yes Bank’s Home Loan of 80 lakhs are outlined as follows:

Interest Rate 9.40% p.a. onwards  
Loan Amount ₹80 lakh, subject to your income/salary
Loan Tenure Up to 35 years
Eligibility Both employed and self-employed individuals

80 Lakh Home Loan for 10 Years Yes Bank

The following table will provide you with a precise EMI to be paid for an 80 Lakh Home Loan Yes Bank:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹80 Lakh 9.40% p.a. 10 years ₹1,03,081 ₹43,69,665 ₹1,23,69,665

80 Lakh Home Loan for 20 Years Yes Bank

The table given below shows the EMI to be paid at the end of every month for a 20 year Home Loan tenure:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total amount Payment
₹80 Lakh 9.40% p.a. 20 years ₹74,049 ₹97,71,727 ₹1,77,71,727

80 Lakh Yes Bank Home Loan – Fees and Charges

Let’s examine the fees and charges incurred on an 80 Lakh Yes Bank Home Loan at the time of loan processing.

Fee/Charge Amount
Processing Fee 1.5% 
Prepayment charges  Nil
Late payment charges 24.00% p.a. 
Repayment mode Rs 500
Cheque Bounce Rs 750
N.O.C. Rs 100
EMI Cycle Data Change Rs 500
Loan Cancellation Rs 2,000

80 Lakh Yes Bank Home Loan – Documents Required

It is recommended to keep the following documents ready while availing of an 80 Lakh Home Loan from Yes Bank:

  • Identification Proof: Aadhar, PAN, Driving License, etc.
  • For Salaried individuals: Salary slip or Form 16 or any other document as proof of income.
  • For self-employed individuals: Financial documents (P&L/B/s) and income tax return receipts or other documents acceptable to the bank.
  • Signature Proof
  • Address Proof: Driving licence, landline bill, electricity bill, etc

80 Lakh Yes Bank Home Loan – Eligibility Criteria

The applicant must follow the following eligibility criteria before applying for an 80 Lakh Yes Bank Home Loan:

  • Age: Between 23 to 60 years.
  • Employment Status: Both salaried and self-employed individuals.
  • Minimum Income:
  1. For Salaried Individuals: Rs 25,000 per month.
  2. For Self-Employed Individuals: Rs 4 Lakh per annum.
  • Work Experience: Minimum 2 years
  • Credit Score: A good repayment history and a decent credit score.

Frequently Asked Question (FAQs)

What is the EMI for an 80-lakh Home Loan for 20 years at Yes Bank?

The monthly EMI for a 20-year Yes Bank Home Loan of 80 Lakh is Rs 60,165 after applying an attractive interest rate of 9.40% annually.

Who is eligible for an 80 Lakh Home Loan in Yes Bank?

Individuals between 23 and 60 with a solid credit history and specific work experience are eligible to apply for an 80-lakh Home Loan from Yes Bank.

What is the monthly interest rate of an 80 Lakh Home Loan in Yes Bank?

A monthly interest rate of around 0.78% applies to an 80 Lakh Home Loan at Yes Bank.
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