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Yes Bank Loan Against Property

Bank Link

https://www.yesbank.in/personal-banking/yes-individual/loans/loan-against-property
Loan Amount

Upto INR 1 cr.
Interest Rate

Starting from 10.50%,
Tenure

Upto 15 years
Pre Payment Charges

Not Available
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Eligibility Introduction

 Salaried —

  • Applicant must have a minimum annual income of INR 3 lakhs.

  • Where income is considered for eligibility : Minimum 23 years at loan origination & Maximum 65 years or age of retirement whichever is less at loan maturity.

  • Where income is not considered for eligibility : Minimum 18 years at loan origination & Maximum 70 years at loan application or 85 years at loan maturity

  • Minimum 3 years of total employment.

Self-Employed —

  • Minimum cash profit should be INR 4 lakhs per annum.

  • Minimum turnover is set at INR 15 lakhs per annum for service providers/commission income; INR 10 lakhs per annum for doctors; INR 60 lakhs for non-service providers.

  • Where income is considered for eligibility : Minimum 23 years at loan origination & Maximum 65 years or age of retirement whichever is less at loan maturity

  • Where income is not considered for eligibility : Minimum 18 years at loan origination & Maximum 70 years at loan application or 85 years at loan maturity

  • A minimum of 3 years into the current profession/business.

Self
Minimum Age (in yrs.)

Minimum 18 years & Maximum 70 years or 85 years at loan maturity.
Minimum Income (in Rs.)

Cash Profit of Rs.4 Lakhs Per Annum
Minimum Work Experience (yrs.)

No of years in business / profession – minimum 3 years
Residence Status (yrs.)

Valid Residence proof
Id Proof

Driving license/PAN card, Form 60/61, Passport/Voter’s ID/Ration card/Aadhaar card
Address Proof

Driving License/Voter’s ID/Ration card/Aadhaar card/Passport/registered lease agreement with utility bills in the name of the owner, not older than 3 months
DOB Proof

10th class certificate/certificate of birth
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)

Minimum 23 years & Maximum 65 years
Minimum Income (in Rs.)

Rs.3 Lakhs Per Annum
Minimum Work Experience (yrs.)

3 years in total employment
Residence Status (yrs.)

Valid Residence proof
Id Proof

Driving license/PAN card, Form 60/61, Passport/Voter’s ID/Ration card/Aadhaar card
Address Proof

Driving License/Voter’s ID/Ration card/Aadhaar card/Passport/registered lease agreement with utility bills in the name of the owner, not older than 3 months
DOB Proof

10th class certificate/certificate of birth
Financial Docs

  • Proof of signature

  •  Income proof: For salaried applicants – 3 latest salary slips & latest year IT return/Form 16 for the last 2 years

  • Self-employed applicants – Last 2 years’ IT returns with computation of income, audited balance sheet and profit & loss account including tax audit report if applicable, and proof of turnover vide latest sales/service tax returns

  • Self Employed Businessmen/Retail SME Enterprises – Last 2 years’ IT Returns with computation of income, audited Balance Sheet and Profit & Loss
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.
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