YES Bank Car Loan

When applying, you will need to submit:

1. Completed application form with recent photographs
2. Valid KYC documents (ID and address proof)
3. Proof of income (such as salary slips, ITR, or financial statements)
4. Bank statements and proforma invoice of the vehicle

The bank may request additional documents depending on your applicant profile.

Steps to Apply for a YES BANK Car Loan

Getting a car loan from YES BANK is a simple process:

• Apply Online or Visit a Branch – Start your application through the YES BANK website or at your nearest branch.
• Submit Documents – Provide KYC, income proof, and car details.
• Verification – The bank reviews your application and checks eligibility.
• Approval & Disbursal – On approval, the loan amount is transferred directly to the car dealer.

YES BANK Used Car Loan

YES BANK also provides financing for pre-owned vehicles, offering:

1. Faster approvals
2. Lower or zero down payment options (on select cars)
3. Longer repayment periods for affordability

This makes owning a second-hand car much easier and lighter on the pocket.

YES BANK Car Loan Interest Rates

Car loan interest rates at YES BANK are floating and linked to the bank’s External Benchmark Rate (EBR). The actual rate offered depends on factors like your income, credit history, loan amount, and repayment period.

1. Minimum Interest Rate: 9.25% p.a.

1. Maximum interest Rate: 12.51% p.a.

👉 For the most updated rates, it’s best to check with YES BANK directly.

YES BANK Car Loan EMI Calculator

YES BANK provides a car loan EMI calculator on its website. By entering the loan amount, expected interest rate, and repayment tenure, you can instantly know your EMI. This tool helps you plan your monthly budget before applying.

Why Pick YES BANK for Your Car Loan?

1. Suitable for both brand-new and pre-owned cars
2. Flexible repayment terms up to 84 months
3. Borrow up to the entire cost of the car on select models
4. Competitive interest rates linked to market benchmarks
5. Hassle-free process with minimal documentation
6. Online tools like the EMI calculator to plan ahead

A good credit score can help you secure lower interest rates on loans and credit cards.

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