Open navigation
Interest Rate

10.25% - 12.25% Per Annum

Processing Fee

Min. 1% (Rs.1000)

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure fee - 6% of principal outstanding


  • Nationality - Indian 
  • Age - 21-65 years 
  • Yearly income - Min. 2 lakhs

Features & Benefits:

  • No requirement of guarantor 
  • Get door-step service
  • Avail E-approval instantly
  • Pre-closure facility only after 6 months 
  • Benefit of no-part payment

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Short Description:

Yes Bank Car Loan is crafted to meet the need of every individual ranging from Rs. 1 Lakh to Rs. 5 crores thus giving you the pleasure of owning your own car. The Yes Bank Car Loan will be availed instantly with the E-approval and without any collateral or guarantor.

Bank Description:

Yes Bank is the fourth largest private sector bank in India and provides innumerable benefits with its car loan suited for every kind of customers. The Yes bank Car Loan gives several advantages like no-part payment, hassle-free loan, immediate e-approval and door-step service.