YES Bank Home Loan Eligibility

YES Bank Home Loan Eligibility Calculator is a wonderful tool which helps you to know your YES Bank Home Loan Eligibility and YES Bank Home Loan Amount Eligibility when you are planning to avail YES Bank Home Loan to purchase your own house. If you check your YES Bank Home Loan Eligibility before opting for YES Bank Home Loan apply online, then you get a clear idea of how much loan amount you are eligible for and the chances of getting your loan application rejected get reduced to almost zero. To determine your YES Bank Home Loan Eligibility using YES Bank Home Loan Eligibility Calculator, you need to input few details like- your employment status, net take-home salary, current age, fixed obligations, credit score, etc. And YES Bank Home Loan Eligibility Calculator calculates your YES Bank Home Loan Amount Eligibility in just a few seconds.

Which factors affect YES Bank Home Loan Eligibility Calculator?

In order to avail YES Bank Home Loan apply online, you need to satisfy YES Bank Home Loan Eligibility criteria which you can check any time using YES Bank Home Loan Eligibility Calculator. YES Bank Home Loan is a secured loan where the bank finances the loan based on the property value which is kept as security. So, the interest rate of YES Bank Home Loan is quite low starting from 9.35% to 10.75%* which you can repay within a period of 25 years. To increase your YES Bank Home Loan Eligibility, you can opt for YES Bank Home Loan apply online with co-applicant who is earning a good amount.

In order to satisfy YES Bank Home Loan Eligibility criteria, you need to know the factors which affect YES Bank Home Loan Eligibility Calculator that are explained below-

• Age

  An applicant’s age affects YES Bank Home Loan Eligibility in a great way. The age limit for YES Home Loan Eligibility criteria ranges between 21 to 60 years. When you opt for YES Bank Home Loan Eligibility, it’s better to apply at a young age. The lower your age, the higher will be YES Bank Home Loan Eligibility and higher the loan repayment tenure. And greater your age, the less time to repay the loan and lower your YES Bank Home Loan Eligibility.

• Income

  Your net income matters a lot for YES Bank Home Loan Eligibility. If your net salary falls under the high salary bracket, then your YES Bank Home Loan Eligibility will be high and also your YES Bank Home Loan Amount Eligibility will also be high. Using YES Bank Home Loan Eligibility Calculator, your YES Bank Home Loan Eligibility is determined based on your income and age.

• Employment

  Your employment status really affects YES Bank Home Loan Eligibility criteria. You can be salaried or self-employed with a regular source of income for YES Bank Home Loan Eligibility. For salaried as well as self-employed individuals, you must have 2 years of work experience or 2 years of experience in business for YES Bank Home Loan Eligibility criteria.

• Credit Score

  Your credit score is a crucial factor that affects YES Bank Housing Loan Eligibility criteria. You can easily repay the home loan within 25 years. In order to have a better YES Bank Housing Loan Eligibility that can suit for a higher YES Bank Home Loan Amount Eligibility, your CIBIL score must be 750 or above.

• Existing Liabilities

  If you have an existing debt like- EMI of loans or credit card bills, the bank takes into account the FOIR (Fixed Obligation to Income Ratio) where the FOIR must not exceed 65% of your net income otherwise, YES Bank Home Loan Eligibility will be low. So, it’s better to pay off all your previous debts before you go for YES Bank Home Loan apply online to have a higher YES Bank Housing Loan Eligibility.

• Co-applicant

  To have a high YES Bank Home Loan Eligibility criteria, you can apply for a home loan with a co-applicant. If your spouse has a high income, he/she as a co-applicant can enhance your YES Bank Home Loan Eligibility criteria.

• Property Value

  YES Bank Home Loan Eligibility is based on the property value that has been mortgaged. YES Bank funds 75% to 90% of the property value that ranges from less than Rs. 30 lakhs to more than Rs. 75 lakhs which is commonly known as Loan To Value Ratio or LTV. Moreover, you must produce property documents that are legally clean and satisfactory for a higher YES Bank Home Loan Eligibility.

YES Bank Home Loan Eligibility Criteria

Why should you use YES Bank Home Loan Eligibility Calculator?

• YES Bank Housing Loan Eligibility Calculator is a simple tool to determine your YES Bank Home Loan Eligibility with just a few clicks.
• You get to know about your YES Bank Home Loan Amount Eligibility and also the interest rate with the help of YES Bank Housing Loan Eligibility Calculator.
• Your time to get information about YES Bank Home Loan Eligibility is saved with the help of YES Bank Home Loan Eligibility Calculator.
• Using YES Bank Home Loan Eligibility Calculator, you can check your loan eligibility more than once at any given point of time.
• Use of YES Bank Home Loan Eligibility Calculator is absolutely free and you do not have to pay a single penny.