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YES BANK LOAN AGAINST PROPERTY

YES BANK - LOAN AGAINST PROPERTY

Yes bank offers several mortgage options:

Residential or commercial real estate loans (temporary loan)

Direct Overdraft Service (DOD) (a unique overdraft service funded by guarantees with a lower monthly limit for a fixed inventory)

Property loan (for the purchase of commercial property)

Loans on rental receivables (financing proposal with a single guarantee against monthly receivables on the rental of rental property)

Why apply for a bank instant loan?

Business expansion

Foreign education of children

Loans versus features and benefits

Loans up to Rs 5 million

Flexible payment options

Attractive interest rates

Fast processing

Minimum documentation

Fees and charges:

Loan processing costs/set-up costs: according to the current interest matrix.

Prepayment charges: zero for variable rate loans. However, the minimum deposit must correspond to at least one EMI.

Stamp duty: according to the law of the applicable State.

Interest for late payment: 2% per month on the amount due.

Check the exchange fees: 500 / per instance.

Check the redemption fees: 750 / – per instance.

Costs per reimbursement program: 500 / – per reimbursement program.

Account statement fees: 100 / per instance.

Prepaid status fee: 100 / –

Double NOC issue costs: 100 / – for each double NOC.

Loan cancellation and supplements: 2000 / –

Legal, reimbursement and ancillary costs: on a real basis.

Document recovery costs: 500 / –

Modification fees: 0.5% of the nominal amount of the current loan.

Exchange fees: 0.5% of the nominal amount of the current loan.

CERSAI fees: 500 / –

EMI cycle change: 500 / –

ROC job creation: on a real basis.

Valuation rate: on a real basis.

Legal fees: in real terms.

Yes bank loans according to ownership criteria

EMPLOYEE

Minimum income must be at least 3 lakhs per year

Minimum age: 23 years (if the income of the applicant / co-applicant is taken into account); 21 years (if the income of the applicant / co-applicant is not taken into account)

Maximum age: 60 years (if the income of the applicant / co-applicant is taken into account); 70 years (if the income of the applicant / co-applicant is not taken into account)

At least 6 months of professional experience.

At least 3 years of professional experience

INDEPENDENT

Minimum cash payment of 4 lakhs per year

The minimum turnover must be 15 lakhs per year for service providers/commission income, 10 lakhs per year for doctors and 60 lakhs for non-service providers.

Minimum age: 23 years (if the income of the applicant / co-applicant is taken into account); 21 years (if the income of the applicant / co-applicant is not taken into account)

Maximum age: 60 years (if the income of the applicant / co-applicant is taken into account); 70 years (if the income of the applicant / co-applicant is not taken into account)

At least 3 years in business

Documents required:

Proof of identity

Proof of signature

Proof of office and home address

Financial documents:

  1. Salary: The last salary slips and the last 2 years IT declarations / Form 16

      2. Self-employed/self-employed/small and medium-sized enterprises:

  1. IT declaration with income calculation, audited balance sheet and income statement for the past 2 years, including the tax audit report (if applicable); the proof of invoice contains the latest tax returns for sales/services
  2. Account statement from the main account for the last 6 months.
  3. Details of all existing instant loans
  4. Company certificate for corporate partnerships
  5. Social contract and statutes as well as a list of directors and shareholders of public/private companies
  6. Copies of all real estate documents.
AFFILIATE PARTNERS