My friend once asked me, can I take two personal loans from same bank. When I researched, I found you can take more than
one personal loan at the same time, even from the same bank, but under several conditions. I have shared more information on it below.
Can We Take 2 Personal Loans from Same Bank?
Yes, you can take two loans from the same bank only if you have a good repayment history and enough income to manage both EMIs.
For instance, according to Yes Bank’s policy, borrowers may hold up to two personal loans concurrently, assuming they meet eligibility requirements, such as credit score, income, and repayment capacity.
Critically, the cumulative EMI obligations across all loans must remain below 50% of your net monthly income to maintain affordability.
When you apply for a second loan, lenders like Yes Bank conduct strict evaluations of your existing debts and repayment history.
A strong credit score (typically above 750) is often essential, as is proof of stable income.
I hope you found this information helpful.
Choose NB InstaCash to Get Instant Disbursal of Up to 10 Lakhs in Your Account!Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Can I Take Two Personal Loans from Same Bank?
pavani3
112 Views
1
6 months
2025-08-05T06:30:16+00:00 2025-08-05T06:30:17+00:00Comment
Share