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Yes Bank is one of the premier private-sector banks in India, The bank ideally offers a wide range of personal loans tailored to various individuals. It also boasts special schemes for defence, armed forces, and government employees, known as Yes Bank government employees personal loan. Eligible applicants can look forward to lower interest rates, larger loan amounts, minimal processing fees, and flexible repayment options. The bank also assures that funds can be disbursed as quickly as 5 days from the date of loan application submission. Therefore, to make your financial journey less difficult, Urban Money provides a comprehensive overview of Yes Bank government staff personal loans. Let’s scroll down.
Yes Bank Personal Loan for Government Employees – Highlights
Following are the Yes Bank government employee personal loan interest rates and other key aspects:
Loan Amount | Up to ₹40 Lakh |
Interest Rates | 10.99 – 20.00% per annum |
Loan Tenure | 12 – 60 month |
Eligibility | Both state and central government employees |
Compare Government Employees Loan From Other Banks
Let’s examine the comparison of a Yes Bank government employee personal loan with other banks and NBFCs in India:
Lender | Interest Rate | Processing Fee | Loan Amount | Loan Tenure |
Yes Bank | 10.99% p.a. onwards | Up to 2% of the loan amount | Up to Rs. 40 lakh | 5 years |
HDFC Bank | 10.50% p.a. onwards | Upto Rs 4999 | Up to Rs 40 lakh | 6 years |
Axis Bank | 10.49% p.a. onwards | Up to 2% of the loan amount | Up to Rs 40 lakh | 7 years |
IDBI Bank | 9.50% p.a. onwards | 1 % of the loan amount | Up to Rs 5 lakh | 6 years |
Union Bank | 10.60% p.a. onwards | 0.50% of the loan amount | Up to Rs 15 lakh | 6 years |
State Bank of India | 10.55% p.a. onwards | Up to 0.75% of the loan amount | Up to Rs 35 lakh | 6 years |
Bank Of Baroda | 12.15% p.a. onwards | Up to 2% of the loan amount | Up to Rs 20 lakh | 7 years |
Kotak Mahindra Bank | 10.99% p.a. onwards | Up to 3% of the loan amount | Up to Rs 40 lakh | 6 years |
Tata Capital | 10.99% p.a. onwards | 3.5% of the loan amount | Up to Rs 35 lakh | 6 years |
Yes Bank Personal Loan for Government Employees – Fees and Charges
Let’s have a look at the applicable fees and charges for a Yes Bank government staff personal loan:
Fee/Charge | Amount |
Interest rate | 10.99% to 20.00% per annum. |
Processing Fee | Up to 2% of the loan amount + taxes |
Prepayment Charges | 4% of the prepaid amount + taxes |
Late Payment Fees | Applicable |
Stamp duty and other statutory charges | At Actuals |
Yes Bank Personal Loan for Government Employees – Documents Required
The following are the required documents to apply for a Yes Bank government employee personal loan:
- Identity Proof: Aadhaar card, passport, or driver’s license.
- Address Proof: Utility bills, rental agreement, or ration Card.
- Income Proof: Salary slips, income tax returns, or bank statements.
- Additional Documents: PAN Card, existing credit report, Employment ID, and passport-sized photographs.
Yes Bank Personal Loan for Government Employees – Eligibility Criteria
The following is the Yes Bank personal loan eligibility for government employees:
- You must be aged somewhere between 21 and 60 years
- You must have a stable monthly salary.
- You must have at least 1 year of work experience.
- You must have a good CIBIL score and a positive credit history.
- You must be resided in your current home for over a year.
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Bank Wise Personal Loan Interest Rate
- RBL Bank Personal Loan Interest Rate
- DCB Bank Personal Loan Interest Rate
- karnataka bank Personal Loan Interest Rate
- Reliance Capital Personal Loan Interest Rate
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- IDBI Bank Personal Loan Interest Rate
- karur Vysya Bank Personal Loan Interest Rate
- IDFC FIRST Bank Personal Loan Interest Rate
- YES Bank Personal Loan Interest Rate
- Kotak Bank Personal Loan Interest Rate
- ICICI Bank Personal Loan Interest Rate
- CITI Bank Personal Loan Interest Rate
- Deutsche Bank Personal Loan Interest Rate
- HDFC Bank Personal Loan Interest Rate
- HDFC Sales Personal Loan Interest Rate
- Axis Bank Personal Loan Interest Rate
- IndusInd Bank Personal Loan Interest Rate
- HSBC Personal Loan Interest Rate
- Union Bank of India Personal Loan Interest Rate
- Punjab & Sind Bank Personal Loan Interest Rate
- State Bank of India Personal Loan Interest Rate
- Indian bank Personal Loan Interest Rate
- Canara Bank Personal Loan Interest Rate
- Punjab National Bank Personal Loan Interest Rate
- Bank of Baroda Personal Loan Interest Rate
- Bank of India Personal Loan Interest Rate
- Bank of Maharashtra Personal Loan Interest Rate
- CASHe Personal Loan Interest Rate
- Prefr Personal Loan Interest Rate
- Tata Capital Financial Services LTD Personal Loan Interest Rate
- Ujjivan Small Finance Bank Personal Loan Interest Rate
- Edelweiss Financial Services Personal Loan Interest Rate
- PaySense Personal Loan Interest Rate
- MoneyWide Personal Loan Interest Rate
- Clix Capital Personal Loan Interest Rate
- Muthoot Finance Ltd Personal Loan Interest Rate
- InCred Financial Services Personal Loan Interest Rate
- IndiaBulls Personal Loan Interest Rate
- DHFL Personal Loan Interest Rate
- IIFL Finance Personal Loan Interest Rate
- FT Cash Personal Loan Interest Rate
- Shriram Urban Co Operative Bank Limited Personal Loan Interest Rate
- Fullerton India Personal Loan Interest Rate
- L&T Finance Personal Loan Interest Rate
- Bajaj Finserv Personal Loan Interest Rate
- Loantap Credit Products Private Limited Personal Loan Interest Rate
- AU Small Finance Bank Personal Loan Interest Rate
- Tata Capital Housing Finance Limited Personal Loan Interest Rate
- Capital First Ltd. Personal Loan Interest Rate
- Aditya Birla Finance Limited Personal Loan Interest Rate
- Poonawalla Fincorp Limited Personal Loan Interest Rate
- Privo Personal Loan Interest Rate
- Hero FinCorp Personal Loan Interest Rate