|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|Yes Bank Car Loan||10.25% - 12.25%, Fixed||1% of loan amount or Rs 10,000 (whichever is lower)||Maximum Rs 500 Lakhs||1-7 Years|
Q: What is the age limit to avail YES BANK car loan?
A: The age limit is based on the applicant profile.
Q: How much credit score is required for the YES BANK car loan?
A: Credit score will play a major role while applying for a car loan.
The applicant should share his credit score details with the bank by mentioning the same in the application form. The acceptable credit score is 750 and above. Under certain conditions, the banks may accept scores as low as 550 points.
Q: How I can repay my car loan in YES BANK?
A: YES BANK provides three types of payment methods as follows:
Q: What are the additional documents required after car loan approved in YES BANK?
A: The following documents are needed to submit after the loan is approved and before it is disbursed.
Q: Are there any charges for late payment for YES BANK car loan?
A: Yes, The bank might charge a penalty for the prepayment. This penalty is usually charged at a rate of 2% on your loan amount.