Yes Bank Personal Loan for Wedding

Tying the knot to your special one is a once-in-a-lifetime event. As exciting as weddings can be, gathering sufficient funds for it is a constantly running thought in our minds. With Yes Bank marriage personal loans, wedding planning just got simpler than ever. Be it an opulent or intimate ceremony at a lavish or cosy venue, a wedding loan from Yes Bank ensures that your wedding checklist is duly ticked off. 

Borrowers looking for wedding loans can get up to 40 lakhs from Yes Bank for up to 5 years. Keep reading to gain a complete picture of the loan. Find Yes Bank’s wedding loan interest rate, eligibility criteria, document requirements, and more below.

Benefits of Yes Bank Wedding Loan

A wedding loan from Yes Bank comes with the following advantages:

• Loan Amounts from 1 lakh to 40 lakhs
• Loan Tenures from 1 year to 5 years
• No Collateral Requirements
• Prepayment Facility
• Balance Transfer & Top Up Facilities 

Why Choose Yes Bank for Wedding Loans?

Yes Bank has earned a credible reputation over its long years of operations. Banking with Yes Bank offers:

• Instant Approvals
• Quick Disbursals
• Online Loan Applications
• Doorstep Banking 
• Net Banking/ Mobile Banking Facilities 

Personal Loan for Wedding Interest Rates & Charges

Take a quick look at the Yes Bank wedding loan interest rate, processing fees and other charges below.

Interest Rate	Starting at 10.99% p.a.
Processing Fee	Up to 2% of the loan amount
Stamp Duty	As prescribed by the law
Other Charges	As prescribed by the bank

Tips for Getting a Yes Bank Wedding Loan

Follow these practical tips to increase your chances of approval:

• Maintain High Credit Scores (750 or more)
• Borrow amounts which can be easily repaid
• Negotiate on the interest rate
• Submit updated and authentic documents
• Read the loan agreement carefully before signing

Eligibility for Yes Bank Loan for Wedding

Both Salaried and self-employed individuals can apply for the loan at Yes Bank. As per the bank’s terms and conditions, the Yes Bank Wedding Loan eligibility criteria depends on the following factors:

• Age Limit
• Monthly Income
• Work Experience
• Credit Score
• Other criteria specified by the bank

Documents Required for Wedding Loan Application

The Yes Bank Wedding Loan Document requirements are as follows:

1. Identity Proof: Aadhar Card/ Voter’s ID/ Driver’s Licence
2. Address Proof: Utility Bills/ Aadhar Card/ Rental Agreement
3. Income Proofs: Salary Slips/ IT Returns/ Bank Statements
4. Employment Proofs: Joining Letter/ Proof of Business Ownership
5. Passport Size Photographs

What Are the Things to Consider While Taking a Wedding Loan?

There are multiple things to keep in mind while applying for a Yes Bank loan for a wedding. However, affordability is the most important of all. A borrower must always remember to not overborrow and apply for loan amounts which they can easily repay. As a thumb rule, not more than 40% of one’s monthly income should be spent on loan repayments.

Apart from that, interest rates, monthly instalments and additional fees and charges must also be duly checked before going ahead with the loan.

How to Apply for a Wedding Loan

While applying for loans, you need someone who is reliable, trustworthy and well-versed with the market. Urban Money assists its customers at every step of the journey, from form filling to document submission. Reach out to us today and get instant approvals.