Want to know how to cover your expenses reliably without using up your savings? YES BANK Personal Loan of ₹5 Lakhs gives you the flexibility to manage expenses—whether it’s a wedding, medical emergency, travel, or home renovation. With QuickCashs, you can apply online in minutes and get fast approvals backed by YES BANK’s trusted services.
Features of YES BANK ₹5 Lakh Personal Loan
- Loan Amount: Avail a fixed amount of ₹5,00,000 with comfort
- Repayment Tenure: Choose from 12 to 60 months based on your comfort level
- Interest Rate: Starting from 10.85% p.a. (subject to eligibility and credit profile)
- Collateral-Free: No security or guarantor required
- Quick Disbursal: Fast approval and direct transfer to your bank account
- Flexible Usage: Spend the loan amount as you wish—no end-use restrictions
Eligibility Criteria
To qualify for a ₹5 Lakh YES BANK Personal Loan, you must:
- Be an Indian resident aged between 21–60 years
- Be a salaried employee in the public, private, or Government sector
- Have a minimum monthly salary of Rs. 25,000
- Maintain a healthy credit score and repayment history
Find The Best Personal Loan Offers
| Lenders | Interest Rate (p.a.) | CIBIL Score | Salary | |
| WeRize | 16% to 18% p.a. | -1/ 700+ | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | 720+ | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | -1/ 680+ | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | 730+ | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | -1/ 700+ | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | 700+ | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | 720+ | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | 680+ | Rs. 9,000 | Apply Now |
Documents Required
Applying is simple. Just keep the following ready:
- Identity Proof: Aadhaar, PAN, Passport, or Voter ID
- Address Proof: Utility bill, Aadhaar, or Passport
- Income Proof: Latest salary slips, Bank statements
- Employment Proof: Offer letter, company ID
Also Read: 10 Best Loan Apps for Students
Yes Bank 5 Lakh Loan Fees & Charges
Here’s what to expect with a YES BANK ₹5 Lakh Personal Loan:
- Processing Fee: Up to 2.50% of the loan amount (plus GST)
- Prepayment Charges: 2%–4% of the outstanding principal (allowed only after 12 EMIs)
- Late Payment Penalty: 2% per month on overdue EMI
- Cheque Bounce Charge: ₹750 per instance
- Service Requests:
- Change in EMI payment mode – ₹500
- Duplicate statement/amortization schedule – ₹750
YES BANK ₹5 Lakh Personal Loan EMI Calculator
Loan EMI Calculator
Total Down Payment (TDP)
(TDP = D + P)
Loan EMI (LE)
(PLA= A – D)
(PLA = Principal Loan Amount)
(LE = [PLA x R x (1+R)^T]/[(1+R)^T-1] )
Total Interest Payable (TIP)
(TIP = LE * T)
Total Payment (TP)
(TP = LA + TIP + P)
Apply for YES BANK ₹5 Lakh Personal Loan
YES BANK ₹5 Lakh Personal Loan through QuickCashs helps you handle your financial needs without stress. Enjoy quick disbursal, flexible repayment, and competitive rates—all in a transparent, hassle-free process.
FAQs
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What is the interest rate for a YES BANK ₹5 Lakh Personal Loan?
YES BANK personal loan interest rates start from 10.85% p.a. The exact rate depends on your income, credit score, and repayment history.
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What is the processing fee for a YES BANK ₹5 Lakh loan?
The processing fee is up to 2.50% of the loan amount plus applicable GST.
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What is the minimum salary required for a YES BANK Personal Loan?
Generally, a minimum monthly income of ₹25,000 is required, but eligibility may vary based on your profile and location.
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What documents are required to apply for a YES BANK loan of ₹5 Lakh?
You need basic KYC documents (Aadhaar/PAN), income proof (salary slips, bank statements), and employment proof.
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Is collateral required for a YES BANK ₹5 Lakh Personal Loan?
No, it is an unsecured loan, so you don’t need to provide any collateral or guarantor.
