80 Lakh Home Loan Yes Bank
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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.
- Personalized Home Loan solutions
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- Credit score discussion
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Table of Content
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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:
- For Salaried Individuals: Rs 25,000 per month.
- 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?
Who is eligible for an 80 Lakh Home Loan in Yes Bank?
What is the monthly interest rate of an 80 Lakh Home Loan in Yes Bank?
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