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June 16, 2025
With a bid to gain a spot among the top lending brackets, YES Bank has opened up tremendous opportunities in the retail lending and banking sector with a comprehensive and customer-friendly approach. It has fostered a stable and progressive environment for the salaried class to meet their financial needs whenever required with a Personal Loan from YES Bank.
The YES Bank Personal Loan Eligibility Criteria make funds easily accessible and affordable for the salaried class. Listed below are the reasons that position YES Bank as your preferred lender for Personal Loans compared to other banks.
CIBIL Score Requirement: The CIBIL requirements for lenders have become a standard for most banks when processing personal loans. A CIBIL Score of 720 to 750 Points is mandated according to the specific eligibility criteria of the bank or NBFC. For instance, to fulfil the ICICI Bank Personal Loan Criteria, the applicant’s CIBIL Score should be 750 or higher.
The YES Bank Personal Loan CIBIL Score: The acceptable CIBIL Score for a YES Bank Personal Loan is 700 points or above. If you have not been able to use a Credit Card and your CIBIL Score has actively remained around the 700 mark, you may still be eligible to apply for a YES Bank Personal Loan. The condition is that there must not be more than three inquiries in your CIBIL record to avoid multiple borrowings.
Criteria for Personal Loans with Listed Companies: A Personal Loan Application for HDFC Bank is processed only if the applicant’s company is listed on HDFC Bank’s Approved Companies List. Similarly, the Eligibility Criteria for Personal Loans at ICICI Bank also require the applicant’s employer to be included in ICICI Bank’s List of Approved Companies. Additionally, NBFCs usually charge higher interest rates to applicants who are employed by non-listed companies.
The YES Eligibility Criteria for Employment: The YES Bank publishes a comprehensive list of approved companies for sourcing personal loans. Companies are categorised as CAT A, B, and CAT C according to the priority for lending, with CAT A being the preferred category. The YES Bank is the only primary Bank that entertains personal loan applicants from non-listed companies. If the company meets YES Bank’s Loan Eligibility Criteria, it is listed under the relevant category. Therefore, applicants working with non-listed companies need not despair the YES Bank Personal Loan for Salaried Employees is available to them if their company meets the YES Bank Personal Loan Eligibility Criteria Check.
Income Criteria For Salaried Employees: The minimum salary required to process a Personal Loan from HDFC Bank is ₹30,000, which must be transferred to the bank. ICICI Bank requires a minimum salary of ₹40,000 for applicants employed by listed companies. Most lenders issue personal loans to high-income applicants, with no flexibility regarding the salary transferred.
YES Bank Personal Loan for Salaried Employees: The YES Bank Personal Loan minimum salary requirement is ₹ 25k and above, which is more reasonable compared to other Banks. The lower salary parameter enables applicants who are earning a basic salary or have just started their career to borrow funds for personal use via a Personal Loan at YES Bank. The salary criteria are acceptable across company categories as per the YES Bank Company Category List.
Apply for a YES Bank Personal Loan Online: YES Bank offers a comprehensive online processing facility for Personal Loan applicants. Documents can be uploaded online with the details required for the YES Bank Instant Personal Loan.
YES Bank Personal Loan Interest Rates: The interest rate charged for a YES Bank Personal Loan varies according to the approved loan amount and the applicant’s company category. The minimum interest rate is 11.50%, with a maximum of 16%.
Maximum Loan Amount: Personal Loan amounts of up to ₹50 lakhs are available to eligible applicants employed in a category A company. Multipliers determine the loan eligibility based on the company’s category. Applicants can calculate a suitable EMI using the YES Bank Personal Loan EMI Calculator.
A Personal Loan from YES Bank caters to the entire salary segment and offers unsecured funds for various personal and emergency needs. The approved loan amount is transferred to the account and can be used as needed, providing the loan holder with the freedom to utilise the funds as desired. With numerous benefits offered, the instant online YES Bank is now the preferred Option for a Personal Loan.
