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YES BANK rings in festivities with home loans at 6.7%* interest rate for limited period

YES BANK rings in festivities with home loans at 6.7%* interest rate for limited period 1

MumbaiOctober 05, 2021: Ushering in the season of festivities, YES BANK announced a limited period offer on, ‘YES Premier Home Loans’ at 6.7%* p.a., among the most competitive interest rates in the retail consumer market. The 90 days offer from the Bank, provides an additional 0.05% benefit (interest rate at 6.65%*) for prospective salaried women home buyers.

Under this offer, salaried home buyers can enjoy flexible loan tenure of up to 35 years at affordable EMI options and zero prepayment charges with minimal documentation. The offer is applicable for home loans for property purchase as well as balance transfers from other lenders.

Combined with the joyous mood and inherent warmth of the festive season, buoyant demand for homes and positive consumer sentiments; the offer will provide a significant fillip to the Bank’s ambitions of being a significant player in the retail consumer market. With a strong focus on providing curated solutions to consumers across segments, the Bank on its transformational journey has been offering customized solutions catering to the varied needs of different segments. YES Premier home loans at special rates further builds on this consumer centric approach.

Welcoming the development, Prashant Kumar, Managing Director & CEO, YES BANK, said, “In our continuous endeavour to support customers and communities, YES BANK is pleased to offer competitive interest rates on home loans to help fulfill a home buyer’s dream of owning their own home. Given our focus on further building the retail book, home loan is a segment we are looking at expanding and envisage growing the book size by 2X over the next three months. With its inherent long tenure, the home loan offering also gives us an opportunity to partner with our consumers across different life stages and lifecycles.”

Benefits of YES Premier home loans:

·         Loan tenure of up to 35 years

·         0.05% discount for salaried women customers

·         Minimal documentation

·         Doorstep service

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