You have now found your feet in an intensely competitive corporate world after years of struggle. You feel delighted to be living a fresh lease of life. But suddenly, the family comes to the picture by telling you to tie the knot. And when you look at your purse as well as your family’s, you do not find them sufficient to bear the expenditure that a pleasant wedding demands. In that case, you can grab the supporting hand of Yes Bank, which ranks among the top five private sector banks in India. Through its customized, quick and easy personal loan offers, the bank is a proven name in wedding finance space. Want to know how Yes Bank can be an ideal partner in the course of your wedding? Read below the details of Yes Bank Wedding Loan and set yourself for a memorable marriage.
Yes Bank Wedding Loan Details:
| Particulars | Details |
|---|---|
| Interest Rates | 14%-16% p.a. |
| Loan Amount | Rs. 2 lac-Rs. 20 lakh |
| Repayment | 60 months |
| Processing Fees | 2% of the loan amount |
| Prepayment Charges | >12 EMIs-4%, <12 EMIs-Nil |
| Late Payment Charges | 24% per annum |
Features and Benefits of Yes Bank Wedding Loan
- Attractive interest rates
- Flexible repayment options
- No requirement of collaterals
- Loans available for varied needs
- Simple documentation
- Quick processing & Disbursal
- Enjoy the convenience of doorstep service
Eligibility Criteria for Yes Bank Wedding Loan
To avail the wedding loan in Yes Bank, you need to fit into the below mentioned eligibility criteria.
- Applicant to be between 25 and 58 years
- Minimum net salary per month of Rs 25,000/-
- Minimum 2 years of stay at current residence or at permanent address
- Minimum total work experience of 2 years with at least 6 months in the current organization
Next, thing on which you need to pay attention is the documentation required to get the wedding loan in this bank.
Documentation Required for Yes Bank Wedding Loan
- Identity Proof
- Age Proof
- Address Proof
- Signature Proof
- Salary slips of the last 3 months
- IT Returns for the last 2 years
- Bank Statement of salary account for the last 6 months
(Updated on: 5th December, 2016)
