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YES Bank Home Loan Interest Rates 2025

Updated on: Jan 10th, 2025

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4 min read

YES Bank is one of India’s largest private-sector banks, founded in 2004. Owning a home is now easier than ever before. YES Bank Home loans offer attractive options and quick services with documentation, processing, and other requirements for home loan financing. 

YES Bank offers competitive interest rates ranging from 9.00% to 13.75% p.a., and home loan tenures of up to 35 years, making it an appealing choice for those looking to finance their dream home. 

In this article, we are going to cover all possible questions that are related to YES Bank Home Loan

Highlights of YES Bank home loan interest rates

YES Bank Home Loan Amount 

Up to 90% of property value

YES Bank Housing Loan Interest Rate

9.00%-13.75% p.a.

Loan Tenure

Up to 35 years

Processing Fees

0.50% of the loan amount

YES Bank Home Loan Interest Rates

Type of Loan Scheme

Interest Rates

YES Bank Regular Housing Loan

9.00% p.a. - 12.00% p.a.

YES Khushi Home Loan

9.95% p.a. - 13.75% p.a.

Types of YES Bank Home Loan

These are the various types of YES home Loans offered by YES Bank:

  • Home purchase (new or resale property)
  • Plot plus construction or self-construction loan
  • Home improvement/ renovation/ extension/ repair loan
  • Balance transfer of home loan from other banks with top-up facility
  • Top-up loan on existing home loan with YES bank
  • YES Khushi home loans (for purchase of under construction, ready, resale properties, repair etc.)

Features of YES Bank Home Loan

  • YES Bank home loans are available for both salaried and self-employed.
  • Special rates for women customers.
  • Home loans are granted to the age group between 21 to 65 years.
  • Loan to value ratio is 90%.
  • Tenure of the loan is between 1 to 25 years.
  • Interest rates range from 9.35% to 10.50%.

Eligibility

The following are eligible to apply for a home loan:

  • Salaried individuals 
  • Self-employed professionals 
  • Businessman
  • Age between 21 and 70 years
  • Customers having a savings account

Documents

Salaried employee

Self-Employed

Filled up loan application form

Filled up loan application form

2 Passport Size Photo

2 Passport Size Photo

Identity Proof – Passport/ Driving Licence/ Voter ID/ PAN

Identity Proof – Passport/ Driving License/ Voter ID/ PAN

Residential Address Proof – Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport

Residential Address Proof – Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport

Income Documents – 6 months payslip, 2 years Form 16, 6 months bank statement showing salary credit and any EMI debit

Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof, profit and loss account and balance sheets certified by CA, copy of partnership deed and proof of business existence and business profile

Penalties/Other Charges 

In addition to the mentioned interest rates, home loan also carries the processing fee, foreclosure charges, actual charges towards valuation fee, advocate’s fee for property search, title investigation report, stamp duty and other charges that are applicable. Let’s discuss some charges in detail:

  • Processing Fee – YES Bank charges 0.50% processing fees of the loan amount and a maximum of Rs. 10,000
  • Technical and Legal Charges – YES Bank also charges technical and legal fees which differ with time according to the criteria.
  • Prepayment Charges: If you decide to foreclose or transfer your housing loan to another bank, you need to submit an application for the same to YES Bank and follow RBI rules, which states nil charges on floating rate home loans.

YES Bank Home Loan EMI Calculator

Usually, the home loan is a significant amount taken for a longer period upon which interest is levied. An important tool like YES Bank Home Loan EMI Calculator helps you evaluate and plan your budget.

Similar Banks Offering Home Loan:
Lowest Home Loan Interest Rate
Punjab Bank Home Loan Interest Rate
IDBI Bank Home Loan Interest Rate
CitiBank Home Loan Interest Rate
Kotak Bank Home Loan Interest Rate
Axis Bank Home Loan Interest Rate
ICICI Bank Home Loan Interest Rate
HDFC Bank Home Loan Interest Rate
Union Bank of India Home Loan Interest Rate
Central Bank of India Home Loan Interest Rate

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Frequently Asked Questions

What is the home loan interest rate in YES Bank?

The interest rates in YES Bank range from 9.00% to 13.75% p.a.

What is the minimum credit score required for YES Bank home loans?

YES bank doesn't have a specific cut off credit score. Although if your credit scores are above 750, you are likely to be approved for home loans with reduced interest rates. 

How to apply for a YES Bank home loan?

You can either apply directly through the official YES Bank website or visit the nearest branch. 

Are there any concessions offered to women borrowers on YES Bank home loan interest rates?

Women receive an interest rate concession of 0.05% for home loans. 

Can I switch from a fixed to a floating rate home loan?

You can pay the applicable switch fee if you want to change from fixed rate to floating rate or vice versa. However , if you want to switch from Base Rate/MCLR to External Benchmark, there will be no charges applicable. 

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