Yes Bank Flexi Loan

Are you facing a financial need or looking for a convenient way to manage your expenses? Look no further than Yes Bank Flexi Loan! This innovative personal loan offers a flexible and affordable way to meet your financial goals. The Yes Bank Flexi Loan is a personal loan that allows you to borrow a lump sum amount and then repay it in flexible instalments. You can withdraw funds against your sanctioned limit as needed, making it a perfect option for managing unexpected expenses or planned purchases. Yes Bank Flexi loan also provides various Freedom Flexi Loan options for growing businesses to meet their ambitions. 

Features and Benefits of Yes Bank Flexi Personal Loans

Look at the highlighted features and benefits of flexi personal loans from Yes Bank below.

• Flexibility: Applicants enjoy the flexibility of withdrawing the borrowed amount when needed, starting from a minimum of Rs. 10,000.
• Competitive Interest Rates: Enjoy attractive interest rates from 10.99% to 20% p.a.
• Longer Repayment Tenure: Repay the loan over a convenient tenure of up to 72 months.
• Part Payment Facility: Prepay part of your loan amount anytime without any prepayment charges.
• Easy Eligibility Process: Easy eligibility criteria and minimal documentation required.
• Quick Approval: Get your loan approved quickly and easily through a hassle-free online application process with the Urban Money Website.
• Instant Disbursement: Receive the loan amount directly into your bank account within minutes of approval.

Yes Bank Interest Rate for Flexi Personal Loan

The interest rate for the Yes Bank Flexi Personal Loan is competitive and starts from 10.99% p.a. The actual interest rate offered will depend on your loan amount, repayment tenure, and creditworthiness of one’s application.

Eligibility Criteria for Yes Bank Flexi Personal Loan

The following factors determine the Yes Bank Flexi loan eligibility:

• Salaried applicants between 21 and 60 years of age.
• Minimum monthly income of Rs. 20,000.
• Good credit score.

Documents Required for a Yes Bank Flexi Personal Loan

Yes Bank Flexi Loan Document requirement includes the following:

• Identity proof – PAN Card, Aadhaar Card, etc.
• Address proof – Passport, Voter ID, etc.
• Income proof – Salary slips, IT returns, etc.
• Employment Verification – Proof of business ownership or Employment letter
• Credit Worthiness – Credit report to highlight your credit history

Difference Between Term Loan and Flexi Loan

A term loan is a traditional loan where you receive the entire loan amount upfront and repay it in fixed instalments with a predefined interest rate. In contrast, a Flexi Loan offers more flexibility, allowing you to withdraw funds as needed and pay interest only on the amount utilised.

How do you apply for a Yes Bank Flexi Personal Loan Online at Urban Money?

Applying for a Yes Bank Flexi Personal Loan online at Urban Money is quick and easy. Follow these steps:

1. Visit the Urban Money website.
2. Enter your loan amount and repayment tenure.
3. Compare interest rates from different lenders.
4. Select Yes Bank Flexi Loan.
5. Fill out the online application form.
6. Upload the required documents.
7. Submit your application.

Urban Money will process your application and help you get the best possible deal on your Yes Bank Flexi Personal Loan. Simply visit www.urbanmoney.com or contact us at 1800 208 3344 for expert assistance within minutes.