YES Bank Personal Loan Interest Rates

Overview

YES Bank Personal Loan interest rate starts from 10.99% per annum and can be as higher as 17.23% per annum depending upon your personal loan eligibility including income, tenure, age and FOIR etc.

YES Bank Personal Loan Scheme Rate of Interest
YES Bank Personal Loan 13.23% - 17.23% per annum
YES Bank Sarkar Personal Loan 13.74% - 16.14% per annum
YES Bank Guru Personal Loan 13.74% - 16.14% per annum
YES Bank Personal Loan for Railway Employees 15.50% - 16% per annum
YES Bank Pensioner Loan 10.99% per annum

Currently, YES Bank charges an interest rate of minimum 13.23% per annum to as high as 17.23% per annum in case of a borrower who is either salaried or self-employed but not a government employee or involved in teaching as a profession, based on the personal loan eligibility of an individual borrower. YES Bank Personal Loan Rate of Interest changes based on your net income that you are withdrawing from your current employer.

YES Bank have a dedicated scheme for Teachers and Government employees under which the borrower is charged an interest rate of minimum 13.74% per annum to as high as 16.14% per annum. Similarly, if you are a teacher teaching at a government or private school, college or institution, then you will also be charged the same interest rate of 13.74% per annum to 16.14% per annum.

YES Bank Personal Loan Interest Rates for Employees of Small Businesses / Companies


If you are working at a small business or company and withdrawing a net monthly income of between Rs. 25,000 to as high as Rs. 75,000, then the following interest rate slabs will be applicable.

Slabs Net Monthly Income Rate of Interest
Slab 1 Rs. 25,000 - Rs. 34,999 16.73% - 17.23% per annum
Slab 2 Rs. 35,000 to Rs. 49,999 16.23% - 16.73% per annum
Slab 3 Rs. 50,000 to Rs. 74,999 15.73% - 16.23% per annum
Slab 4 Rs. 75,000 or Above 15.23% - 15.73% per annum

If you are working at a small company or business and withdrawing a net monthly income of Rs. 25,000 or above but less than Rs. 35,000, then the applicable rate of interest for you would be charged between 16.73% to 17.23% per annum.

And, if you are withdrawing a net monthly income of between Rs. 35,000 or above but less than Rs. 50,000, then the applicable interest rate is 0.50% lower than the slab 1 and is subject to be charged between 16.23% to 16.73% per annum. Whereas, if you are withdrawing a total net income of Rs. 50,000 or above but less than Rs. 75,00 from all legal sources, then the rate of interest would be 1% lower than the slab 1 and subject to be charged between 15.73% to 16.23% per annum.

However, if you are withdrawing a net monthly income of Rs. 75,000 or above, then the applicable interest rate is 1.50% cheaper than slab 1 and subject to be charged between 15.23% to 15.73% per annum.

YES Bank Personal Loan Interest Rates for Employees of Medium to Large Businesses / Companies


If you are working at medium to large organisation and withdrawing a net monthly income of between Rs. 18,000 to as high as Rs. 75,000, then the following interest rate slabs will be applicable.

Slabs Net Monthly Income Rate of Interest
Slab 1 Rs. 18,000 - Rs. 24,999 15.39% - 16.14% per annum
Slab 2 Rs. 25,000 - Rs. 34,999 15.24% - 15.99% per annum
Slab 3 Rs. 35,000 to Rs. 49,999 14.98% - 15.73% per annum
Slab 4 Rs. 50,000 to Rs. 74,999 14.48% - 15.23% per annum
Slab 5 Rs. 75,000 or Above 13.98% - 14.73% per annum

If you are working in a medium to large company or organisation and withdrawing a net monthly income of Rs. 18,000 or above but less than Rs. 25,000, then the applicable rate of interest for you would be between 15.39% to 16.14% per annum.

And, if you are withdrawing a net monthly income of between Rs. 25,000 or above but less than Rs. 35,000, then the applicable interest rate is 0.15% lower than the slab 1 and is subject to be between 15.24% to 15.99% per annum. Whereas, if you are withdrawing a total net income of Rs. 35,000 or above but less than Rs. 50,00, then the applicable interest rate would be 0.41% lower than the slab 1 and subject to be between 14.98% to 15.73% per annum. And, if you are withdrawing a net monthly income of Rs. 50,000 or above but less than Rs. 75,000 then the applicable interest rate would be 0.91% lower than the slab 1, subject to be between 14.48% to 15.23% per annum.

As for the borrower withdrawing a net monthly income of Rs. 75,000 or above, then the applicable interest rate is 1.41% less than the slab 1 and subject to be between 13.98% to 14.73% per annum.

YES Bank Personal Loan Interest Rates for Employees of MNCs or Very Large Organisation


If you are working at MNCs (Multi National Company) or an organization working at global level, and withdrawing a net monthly income of between Rs. 18,000 to as high as Rs. 75,000, then the following interest rate slabs will be applicable.

Slabs Net Monthly Income Rate of Interest
Slab 1 Rs. 18,000 - Rs. 24,999 15.14% - 16.14% per annum
Slab 2 Rs. 25,000 - Rs. 34,999 14.73% - 15.73% per annum
Slab 3 Rs. 35,000 to Rs. 49,999 14.23% - 15.23% per annum
Slab 4 Rs. 50,000 to Rs. 74,999 13.73% - 14.73% per annum
Slab 5 Rs. 75,000 or Above 13.23% - 14.23% per annum

If you are working in a MNCs and withdrawing a net monthly income of Rs. 18,000 or above but less than Rs. 25,000, then the YES Bank interest rate for you would be charged between 15.14% per annum to 16.14% per annum.

And, if you are withdrawing a net monthly income of between Rs. 25,000 or above but less than Rs. 35,000, then the applicable interest rate is 0.41% lower than the slab 1 and is subject to be levied between 14.73% per annum to 15.73% per annum.

Whereas, if you are withdrawing a total net income of Rs. 35,000 or above but less than Rs. 50,00, then the applicable interest rate would be 0.91% lower than the slab 1 and subject to be levied between 14.23% per annum to 15.23% per annum. Similarly, if you are withdrawing a net monthly income of Rs. 50,000 or above but less than Rs. 75,000 then the applicable interest rate would be 1.41% lower than the slab 1, subject to be charged between 13.73% per annum to 14.73% per annum.

And, if the borrower is withdrawing a net monthly income of Rs. 75,000 or above, then the applicable interest rate is 1.91% less than the slab 1 and subject to be charged between 13.23% per annum to 14.23% per annum.

YES Bank Personal Loan Interest Rates for Teachers & Government Employees


Slabs Net Monthly Income Rate of Interest
Slab 1 Rs. 25,000 - Rs. 34,999 15.14% - 16.14% per annum
Slab 2 Rs. 35,000 to Rs. 49,999 14.99% - 15.99% per annum
Slab 3 Rs. 50,000 to Rs. 74,999 14.49% - 15.49% per annum
Slab 4 Rs. 75,000 or Above 13.74% - 14.74% per annum

As for the government employees and teachers teaching at any private or government institutions, who are earning a net monthly salary of Rs. 25,000 or above but less than Rs. 35,000, then you would be levied an annual rate of interest charged to be between 15.14% to 16.14% per annum. If you are earning a net monthly salary of Rs. 35,000 or above but less than Rs. 50,000 then you would be offered an annual interest rate of between 14.99% to 15.99% per annum, 0.15% cheaper than the slab 1.

However, if your net monthly salary is equal to or above Rs. 50,000 but less than Rs. 75,000 then you would be charged an annual interest rate of between 14.49% to 15.49% per annum, 0.65% cheaper than the slab 1.

As for the teachers and government employees withdrawing a net monthly salary equal to or above Rs. 75,000, an annual interest rate of between 13.74% to 14.74% per annum would be levied.