Yes Bank Personal Loan Documents Required?

The interest rates for YES Bank personal loans begin at 11.25% annually. This bank has not disclosed the breakdown of interest rates offered based on the credit score, profession profile, etc. of their personal loan applicants, but they utilise these variables. If you are planning to apply here, you must first know the Yes Bank personal loan documents required. You can check the document lists below.

Documents Required to Apply for Yes Bank Personal Loan

As personal loans are unsecured and do not require collateral, the documentation for these loans is more important. You must submit complete documentation for the loan approval. You can check the latest required documentation here.

1. Identity Proof (KYC):

2. Aadhaar Card

3. PAN Card

4. Passport

5. Voter ID

6. Driving License

7. Address Proof:

8. Aadhaar Card

9. Utility bills (Electricity, water, or gas) less than 3 months old

10. Passport

11. Rent Agreement

12. Bank account statement with address

13. Income Proof for Salaried Individuals:

14. Last 3 months’ salary slips

15. Form 16 or Income Tax Return (ITR) for the previous year

16. Bank statement showing salary credits for the last 3-6 months

17. Income Proof for Self-Employed Individuals:

18. Income Tax Returns for the past 2-3 years

19. Audited financial statements (Profit and Loss Statement and Balance Sheet)

20. Bank account statements (personal and business) for the last 6-12 months

21. Employment Proof:

22. Offer letter or appointment letter

23. Employee ID card (for salaried individuals)

24. Business registration certificate or GST registration for self-employed applicants

25. Duly filled and signed loan application form

26. Two passport-sized photographs

27. Signature verification proof (from the bank)

I hope you found this information helpful.

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What is the Yes Bank Personal Loan Online Apply Process

To apply for a Yes Bank personal loan in India, applicants must submit certain

YES Bank personal loan documents

. The documentation requirements vary depending on the employment type (salaried or self-employed), but the overall process is streamlined to ensure easy application.

What are the YES Bank Personal Loan Documents Required?

• An application form

• Identity Proof (any one): Aadhaar Card, PAN Card, Passport, Voter ID, Driving License

• Address Proof (any one): Aadhaar Card, Utility Bill (Electricity, Water, Gas), Passport, Rent Agreement, Ration Card, a legitimate proof of identification with a permanent address that is at least a year old

• Bank Statements: Last 3-6 month’s bank statements showing salary credits or business income, as applicable.

• Income Proof: Latest 3 months’ salary slips, Form 16 or Income Tax Returns (ITR) for the last 2 years for salaried individuals. Also, for self employed professionals, an Income Tax Returns (ITR) for the last 2-3 years. Balance sheet and profit & loss statement audited by a chartered accountant.

• Know your customer (KYC)

This is all about

YES bank personal loan documents

.

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Hey. I recently took a loan from Yes Bank and can help you with the Yes Bank personal loan documents required for the application process. The documents include an application form and an ID proof authorised by the government as the basic documents. I am sharing all the rest of the documents below to help you go through them easily.

What are the Yes Bank Personal Loan Documents Needed?

Here are the documents needed for a personal through Yes Bank.

• ID Proof:

  First is the proof of your identity, where you can present a valid ID issued by the Indian government, including the Aadhar card, passport, voter ID or driver’s licence. 

• Address Proof:

  You also need to show your address proof, where you can present any of your utility bills, like electricity bills, water bills, etc., or any other document that states your current address.

• Credit History:

  Yes Bank will also ask for your credit report that mentions your repayment history.

• Income Proof:

  The Bank would also require an income proof, where you can show your salary slips, IT returns or bank statements to prove that you are financially stable. 

• Employment Verification:

  Here, you’ll have to share your letter of employment or proof that you own your business in case you’re a non-salaried applicant. 

• Passport-Sized Photos:

  Lastly, the bank will need a few of your recent passport-size photographs. 

So these are the Yes Bank personal loan documents details needed to apply for a personal loan. I hope this helps you to successfully apply for a personal loan at Yes Bank.