Yes Bank Personal Loan Interest Rates

Yes Bank Personal Loan is one of the most helpful financial products. Yes Bank Personal Loan Interest Rates is very low, minimum Yes Bank Personal Loan Interest Rates is 10.75%*, which is very low. If you have met all the eligibility criteria you will get a lower Yes Bank Personal Loan Interest Rates which will be very helpful and beneficial. Your Yes Bank Personal Loan Interest Rates always matters a lot in your Yes Bank Personal Loan because if you have higher Yes Bank Personal Loan Interest Rates you have to pay higher interest amount. If you are a senior citizen or government employee your Yes Bank Personal Loan Interest Rates will be lower than others.

YES Bank Personal Loan Interest Rates Calculator

YES Bank Personal Loan Interest Rates is calculated through your eligibility criteria. If you have higher eligibility criteria your YES Bank Personal Loan Interest Rates will be lower. And if you have lower YES Bank Personal Loan Eligibility Criteria your YES Bank Personal Loan Interest Rates will be higher.

Reducing YES Bank Personal Loan Interest Rates is not that hard, you just have to follow some rules; if you have higher credit score your YES Bank Personal Loan Interest Rates will be lower. So here are some factors which will affect your YES Bank Personal Loan Interest Rates.

• CIBIL Score

  CIBIL Score or Credit Score is the most important thing on your YES Bank Personal Loan Interest Rates. If you have high CIBIL Score that means your YES Bank Personal Loan Interest Rates will be low and if you have low CIBIL Score your YES Bank Personal Loan Interest Rates will be high. Your CIBIL Score depends on how you pay your personal loan. To make your CIBIL Score high you need to repay your personal loan on time. And you will get lower YES Bank Personal Loan Interest Rates.

• Applicant’s Age

  The applicant’s age is one of the most important in YES Bank Personal Loan Interest Rates. The age group for personal loan eligibility is 21 to 60 years old. The younger you are there are much chance that you will have a lower YES Bank Personal Loan Interest Rates. You will even get offers if you are applying for a personal loan in younger age. Your YES Bank Personal Loan Interest Rates will be much lower on younger age.

• Employment

  Your employment stability matters a lot on your YES Bank Personal Loan Interest Rates. If you are a salaried person your employer also matters as every financial institution have a company list and if your employer is in the CAT A list your YES Bank Personal Loan Interest Rates will be low. And if you are working there more than two years your YES Bank Personal Loan Interest Rates will be low. And if you are self-employed you must run your business at least for five years to have high personal loan eligibility. And if you are working with a top notch company you salary is also high and if you are in a high position that means you will have a bright career ahead so your YES Bank Personal Loan Interest Rates will be low.

• Existing Debt

  If you are someone who has existing debt on his neck your YES Bank Personal Loan Interest Rates can be higher. As you are already paying EMIs on those and if you are taking a new one this can be your liability and you won’t get any loan if your existing loans has already consumed 40% your monthly income. So it is advisable if you have any existing personal loan you can transfer the balance with the new one and can take a top up loan so your YES Bank Personal Loan Interest Rates can be lower.

• Geographic Location

  Geographical locations matters a lot on your YES Bank Personal Loan Interest Rates as if you are from metro city you will get lower YES Bank Personal Loan Interest Rates than someone from rural areas. Also some financial institution has red marked on some places so if you are from one of those places your YES Bank Personal Loan Interest Rates will be high.

• Housing Situation

  If you have your own house there are maximum chances that your YES Bank Personal Loan Interest Rates will be low and your personal loan will be approved but if you are living in a rental house your YES Bank Personal Loan Interest Rates will be high as your monthly income gets lower for that.