YES Bank Business Loan

YES Bank Business Loan Highlights

YES Bank’s business loans offer financing options for MSMEs and expanding companies. You can apply online and monitor your application with the support staff’s help. Make sure to check your eligibility for a Yes Bank business loan before submitting your documents.

Features and Benefits of YES Bank Business Loan

YES Bank provides customised solutions for cash needs and expansion, with easy digital applications and support. The documentation emphasises key financial and business information.

• Unsecured Loans: Ideal for planned expenses with fixed EMIs and no collateral requirement.
• Working Capital (OD/CC): Pay interest only on the amount used, helping manage seasonal cash flows.
• Flexible Use: Funds can cover inventory, supplier payments, rent, or minor upgrades.
• Custom Repayments: Choose tenure and EMI options that align with business inflows.
• Easy Eligibility Check: Verify eligibility online before completing documentation to reduce delays.
• MSME Schemes: Select programmes with simplified paperwork and faster turnaround.
• Account Support: Easily track EMIs, renewals, and statements for audit readiness.
• Transparent Charges: All fees are listed upfront for clarity.
• Digital Processing: Upload documents online for quicker verification and sanction.

Yes Bank Business Loan Eligibility Criteria

Applicants keen on availing of a YES Bank business loan must fulfil the following criteria.

Factors Affecting YES Bank Business Loan Eligibility

Basic rules are only the beginning. The bank studies business strength, banking habits and compliance in detail.

• Credit behaviour matters a lot. A clean repayment history and a strong credit score improve approval and pricing.
• Business vintage gives comfort. Longer continuity with audited numbers signals stability and reliability.
• The turnover pattern is reviewed. Consistent sales with sensible seasonality reduce risk in assessment.
• Profitability and cash flows are checked. Stable margins and healthy accruals support the requested limit.
• Banking conduct is essential. Regular current account inflows and limited cheque returns show discipline.
• Existing leverage is considered. Total EMI and interest load should remain within prudent levels for safety.
• Industry risk can influence terms. Cyclical or regulated sectors may face closer scrutiny and stricter oversight.
• Compliance hygiene builds trust. Active GST or Udyam, where applicable, and on-time returns limit queries.
• Security quality helps in secure cases. A clear title and acceptable valuation allow smoother processing.
• Purpose clarity speeds decisions. A documented end use, such as inventory equipment or working capital, supports the evaluation.

Types of YES Bank Business Loans

YES Bank provides fixed EMI loans and revolving credit limits tailored to various cash cycles. Options include unsecured funding, trade services, and program-based MSME solutions.

• Unsecured Retail Business Loan: A collateral-free loan for planned spends and expansion. Works well for equipment fit-outs or inventory where fixed EMIs are suitable for monthly planning and budgeting.
• Working Capital Finance OD and CC: Limits for daily operating needs. Interest applies to the utilised amount. Limits are reviewed and renewed in accordance with programme norms.
• Trade Finance Services LC and BG: Letters of Credit and Bank Guarantees for vendor assurance, imports and contracts. Helps manage supplier terms and cross-border transactions.
• Government-Linked MSME Schemes: Scheme-based lending routes for eligible micro and small units. Collateral-free options may be available within programme caps and rules.
• Sector and Program Specific Lines: Customised lines for SMEs and mid-sized firms. Structures combine term loan OD or trade limits based on assessed requirements.

YES Bank Business Loan Interest Rates

Understanding YES Bank business loan interest rates and related charges is essential, as they directly affect a business’s affordability, profitability, and overall financial planning. Knowing these costs helps make smarter borrowing decisions.

Documents Required for YES Bank Business Loan

YES Bank requests identity, business, and financial documents to assess profiles; the checklist varies by product and entity. Keep scans ready for faster verification.

How to Apply for YES Bank Business Loan on Urban Money

The entire process stays online, from enquiry to callback. Forms are brief, and guidance is offered after submission. Here are the steps to apply for a YES Bank Business Loan on Urban Money:

1. Open the Urban Money website
2. Go to the Business Loan section from the main menu.
3. Choose YES BANK Business Loan from the lender list to view the basics.
4. Click Apply Now to launch the digital application form
5. Enter your name, mobile number, city, business type, and required amount
6. Submit the request so the team can review it and arrange a quick callback.
7. Keep KYC business proof and bank statements readily available to expedite verification.
8. Confirm the loan format you require, such as an unsecured term loan, OD, or CC
9. Upload scanned copies as requested and track the following steps until sanction and disbursal.

Processing Fee & Other Charges for YES Bank Business Loan

YES Bank charges different fees for term loans and working capital, including processing, prepayment, renewal, and statutory costs. The total varies by loan type, tenure, and borrower profile.

How does the EMI calculation Work for YES Bank Business Loans?

YES Bank’s business loan EMI calculator helps applicants estimate their monthly repayment in just a few clicks. It uses the standard EMI formula—similar to manual computations—to factor in the loan amount, interest rate, and selected tenure. By adjusting these inputs, business owners can compare different repayment scenarios and choose an EMI that meets their requirements.

The calculator derives the above formulae –

EMI = P × R × (1 + R)ⁿ / [(1 + R)ⁿ – 1]

Where,

• P = Loan amount
• R = Monthly interest rate (annual rate divided by 12)
• N = Total number of monthly instalments

For example –

Suppose you take a ₹5,00,000 business loan at an annual interest rate of 17.25%  for 24 months.

• P = ₹5,00,000
• Annual Rate = 17.25%
• Monthly Rate (R) = 17.25% ÷ 12 = 014375
• N = 24 months

Using the EMI formula:

EMI = P × R × (1 + R)ⁿ / [(1 + R)ⁿ – 1]

Your EMI works out to approximately:

₹24,781 per month.