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Eligibility calculator

Eligibility calculator

Yes Bank Calculators

Yes Bank Calculators are your reliable partner in navigating the financial landscape. Our suite of calculators enables easy, accurate, and quick calculations for Fixed Deposits, Personal Loans, Business Loans, Recurring Deposits, Loan Against Property, and Public Provident Fund. Transform your financial planning experience and make informed decisions with Yes Bank Calculators.

Yes Bank Calculators - Introduction

Created with the consumer's requirements in mind, Yes Bank’s calculators serve as an essential ally in your financial planning journey. Be it weighing the advantages of a fixed deposit, exploring personal loan opportunities, crafting a firm business model, or considering a Public Provident Fund (PPF), Yes Bank calculators have been specially designed to make your calculations effortless, swift, and precise.

Incorporating the latest digital technology, these tools guarantee a seamless banking experience aligned with your financial goals.

From figuring out your deposit interest, computing your Equated Monthly Installments (EMIs) for loans, planning your recurring deposit scheme, and forecasting your PPF returns, these calculators are your reliable guide in steering through the world of finance. 

Yes Bank Calculators - Features & Benefits

Among the numerous financial solutions at your disposal, Yes Bank stands out due to its intuitive and efficient selection of financial calculators. With an FD, personal loan, business loan, RD, LAP, or PPF, Yes Bank provides a suite of calculators meticulously crafted to meet your needs.

Let's examine the unique characteristics of each of these valuable tools and understand how they can enhance your banking experience.

Features: The Yes Bank FD Calculator is a user-friendly online tool that accurately calculates your fixed deposit returns, considering the principal amount, deposit tenure, and current interest rates.

Benefits: With this calculator, you can effectively plan your investment and determine the maturity amount in advance, eliminating surprises and promoting financial stability.

Yes Bank Business Loan Calculator

Features: The Yes Bank Business Loan Calculator uses the principal amount, interest rate, and loan tenure to compute your equated monthly installments (EMIs).

Benefits: This powerful tool aids in budget planning, ensuring the loan repayment doesn't disrupt your business's cash flow and giving you full control over your financial commitments.

Yes Bank Personal Loan Calculator

Features: The Yes Bank Personal Loan Calculator quickly computes EMIs, considering the loan amount, interest rate, and repayment tenure.

Benefits: This tool facilitates accurate budgeting, ensuring that your loan amount and tenure are in line with your repayment capacity, promoting responsible borrowing.

Yes Bank RD Calculator

Features: The Yes Bank RD Calculator is designed to provide an accurate estimate of your recurring deposit returns, taking into account the monthly instalment, tenure, and interest rate.

Benefits: The calculator aids you in effectively and consistently planning your savings, fostering a disciplined approach to financial growth.

Yes Bank LAP Calculator

Features: The Yes Bank Loan Against Property Calculator takes into account the property's market value and the loan-to-value ratio to estimate the possible loan amount.

Benefits: This tool helps you understand the maximum loan you can avail against your property, facilitating efficient financial planning and optimal utilization of assets.

Yes Bank PPF Calculator

Features: The Yes Bank PPF Calculator considers the annual contribution, tenure, and prevailing interest rate to give a precise estimate of the maturity amount.

Benefits: The calculator simplifies planning for long-term savings and tax benefits, encouraging disciplined and consistent savings for a secure future.

Yes Bank Calculators - Guide on Usage

When making financial decisions, precise calculations are essential, and that's where Yes Bank's versatile range of calculators come into the picture. Be it Fixed Deposit interest, loan EMI, Recurring Deposit accruals, or Public Provident Fund returns, Yes Bank provides accurate calculators for your ease.

In this section, we'll take you through the process, ensuring you fully utilise each tool for your benefit:

  • To use the Yes Bank FD Calculator, input your deposit amount, term of deposit, and interest rate. The calculator will promptly provide the maturity amount, aiding you in strategically planning your savings and thereby maximising your return on investment.
  • Similarly, the Yes Bank Business Loan Calculator, Yes Bank Personal Loan Calculator, and Yes Bank RD Calculator function with inputs of loan amount, interest rate, and loan tenure for loans or monthly deposit amount, deposit term, and interest rate for recurring deposits.
  • The Yes Bank LAP Calculator requires the property value, loan amount, tenure, and interest rate, providing you with the EMI amount and thereby helping you assess your repayment capacity before opting for a LAP.
  • For the Yes Bank PPF Calculator, ask for the yearly contribution amount, deposit term, and interest rate. It instantly calculates the maturity amount, providing a clearer understanding of your potential long-term savings and tax benefits.

Don't miss to check: Home Loan Interest Rates of All Banks | Personal Loan Interest Rates of All Banks

How Can You Benefit By Using These Calculators? 

For effective financial planning, it's essential to make use of digital tools that empower you to manage your resources effectively. With Yes Bank calculators, the following are the benefits:

Yes Bank FD Calculator 

  • Understanding the Magic of Compound Interest: The Yes Bank FD calculator allows you to see the significant impact of compound interest on your savings. A longer tenure means more accumulated interest. This insight can guide you in choosing a suitable term for your deposit. 
  • Strategise Your Investment: Utilise the calculator to tweak your deposit amount and tenure to align with your future financial objectives. A slight increase in the deposit or tenure can substantially impact the maturity amount. 

Yes Bank Business Loan Calculator 

  • Efficiently Manage Your Loan Tenure: The calculator helps you understand how modifying the repayment tenure can influence your monthly installments. Longer tenure may reduce monthly repayments but could result in higher total interest paid. 
  • Prepayment Strategy: Use the calculator to comprehend how partial prepayment can lessen your overall interest outlay and trim your loan tenure. 

Yes Bank Personal Loan Calculator 

  • Manage Interest Rate Effectively: By using the calculator, you can identify the most economical loan offer by comparing varying interest rates and tenure options. 
  • Assess Repayment Scenarios: The calculator enables you to estimate your monthly repayments and total interest payable under different conditions. This feature can aid you in managing your budget and preventing defaults. 

Yes Bank RD Calculator

  • Maximise Returns: The calculator enables you to visualize how adjusting your monthly deposit and the investment period can influence the returns on your recurring deposit. 
  • Budget for Regular Deposits: You can plan your regular deposits to sync with your income, ensuring the RD account's maintenance without stretching your finances. 

Yes Bank LAP Calculator 

  • Optimise Loan Amount: Utilise the calculator to evaluate how much loan you should borrow against your property. While a larger loan amount may seem tempting, it could lead to a hefty EMI load. 
  • Plan Your Repayments: The calculator assists in determining a suitable repayment schedule that aligns with your income and financial commitments, thus ensuring a hassle-free repayment journey. 

Yes Bank PPF Calculator 

Long-term Savings: The calculator allows you to foresee the maturity amount of your PPF contribution, enabling you to plan your long-term savings and tax benefits effectively.

Frequently Asked Questions (FAQs)

How interest is calculated in Yes Bank?

Interest is calculated at Yes Bank based on the type of deposit, the amount, the tenure, and the rate of interest. For fixed deposits, interest is calculated using either a simple interest or compound interest formula, depending on the tenure. For recurring deposits, interest is calculated using the compound interest formula on monthly installments. For savings accounts, interest is calculated on daily balances at the end of each day.

What factors affect the calculations through Yes Bank calculators?

The calculations through Yes Bank’s calculators are affected by the following factors: the principal amount, the rate of interest, the frequency of compounding, the tenure of the deposit, and the type of deposit (fixed, recurring, or savings). The calculators use different formulas to compute the interest and maturity amounts for each type of deposit.

What do Yes Bank consider when disbursing any type of loan?

Yes Bank considers various factors when disbursing any type of loan, such as the borrower’s income, credit score, repayment capacity, occupation profile, age, existing liabilities, collateral value (if any), and loan purpose. The bank also checks the borrower’s eligibility criteria and documentation before approving the loan.

In case of prepayment, will my EMI on Yes loans change?

In the case of prepayment, your EMI on Yes loans may or may not change depending on the type of loan and the prepayment option chosen by you. For  loans, such as personal loans and business loans, you can choose to either reduce your EMI or your tenure by making partial prepayments. For other loans, such as home loans and car loans, you can only reduce your tenure by making full or partial prepayments. You may also have to pay a prepayment penalty, depending on the loan terms and conditions.

Which method of EMI calculation does Yes Bank use?

Yes Bank uses the reducing balance method of EMI calculation for all its loans. This means that interest is charged only on the outstanding principal amount and not on the entire loan amount. This reduces the interest burden on the borrower over time as the principal amount decreases with each EMI payment.