About Us
the right financial support should be
- Simple
- Stress-free
- Swift
Who We Are
We are India’s premier digital lending platform, dedicated to connecting individuals and businesses with optimal loan solutions from a vast network of over 100 trusted lenders.
Our Mission
To empower your financial journey by providing seamless access to personalized loan offers, backed by cutting-edge AI technology and unparalleled human support.
What Sets Us Apart
We're here to unlock the best offers and guide you every step of the way.
Whether you’re looking to finance personal aspirations, fuel business growth, or make your dream home a reality, YesLoans is committed to making borrowing simple and helping you succeed financially.
FAQ
Personal loan is given to an individual and it is done so on a completely unsecured basis. Cash funds are provided to that individual, who is not required to provide any security or guarantee against the loan not being paid back.
The term for an urgent cash advance is ‘a personal loan’. This can be issued to an individual for multiple purposes, such as home improvements, holidays, and wedding costs or even for putting themselves through further education.
The majority of loan companies and banks provide loans of up to ₹20 Lakhs for those in salaried employment. This can usually be paid back over terms ranging from 12 to 60 months; however some banks are offering even longer termed loans.
The eligibility for a loan and the interest rates that are available to you will depend on a number of factors, such as employment history, address history and personal credit status. The banks have placed a cap on the amount you can borrow, which typically works out at around 50% to 60% of your Monthly salary.
There are rules in place that stipulate that you must not take a personal loan with a view to making an investment or making a purchase of something that is not approved, either in the eyes of the bank or the law.
Get your personal bank loan approved by applying now!
We can help you gain guaranteed approval for a personal loan in India, even if you have a poor credit score. YesLoans can find deals for those with a poor CIBIL score. This option is available to individuals with a net salaried income of no less than ₹35,000 Rs per month.
Personal Loans for Bad Credit
There are a number of firms in India that offer large loan sums to those whose need is urgent and their approval processes are also particularly fast and the required documentation is also quite minimal.
Personal loans represent the only unsecured type of lending that offers instant cash in India. Many customers can make an application for this type of loan without any required guarantor or collateral. The only stipulation is that you have a reasonably good CIBIL score to qualify.
The interest rate you will be offered will be determined by your personal circumstances, to include factors such as your credit rating and level of income. Each bank or NBFC will have their own set of determining criteria with which to calculate available interest rates.
Personal Loans for Those with Bad Credit – A Quick Overview
The definition of a ‘Bad Credit Personal Loan’ is a loan that is offered by a bank of NBFC to an individual with a bad credit history or low CIBIL score.
In the current financial climate, the criteria for personal loans for professional people are getting ever more stringent. Unsecured loans are available to everyone, but some still need a little help in obtaining one. It is possible to get a personal loan without a guarantor, but you will almost certainly have to provide the lender with your social security details for a credit check.
So, My Credit is Bad. What do I do Next?
Your poor credit rating only means that you have to approach the issue from a different angle. There are numerous methods of improving your credit and in turn, increasing your CIBIL score.
It is possible to slowly improve your rating by taking smaller loans and paying them back promptly and fully. Your record will show that you have taken a loan and paid it all back, which will help your cause greatly.
At YesLoans, we offer assistance and services to help all of our clients increase their credit rating and making obtaining a personal loan more likely. By completing a thorough analysis of your personal situation, we are able to tailor a solution to you.
So, what is keeping you? Get your personal bank loan approved by applying now!
The criteria required for salaried employees are set down as follows;
- Applicant must be at least 21 years of age
- Applicant must be no older than 60 years of age
- Net monthly income of at least ₹15,000 per month (Some Banks require a minimum of ₹20,000 per month)
Necessary Documents for a Personal Loan:
Salaried Customer
- At least one valid proof of identity
- A current proof of residence
- Last 6 months of bank statements
- Last 3 months of pay or salary slips
(If a guarantor is required, they will also need to provide the same documents)
Self-Employed Customer
- Last 3 years of Income Tax Returns (ITR), if more than 5 years have been spent in the same work
- If company is Private Limited, then Memorandum of Association (MOA) is required
- Last 6 months of bank statements
- Balance sheets, Profit & Loss (P&L) account and audit report
- A ‘Know Your Customer’ (KYC) report of individual or company
- Partnership Deed, Shop act and other mandatory documentation
So, what is keeping you? Get your personal bank loan approved by applying now!
At YesLoans, we have launched our online tool that helps all customers achieve their loan requirements. Included with this is a knowledge centre for all your queries and questions about getting a personal loan in India, which includes hints, tips and advice on getting the right product for your needs.
Our YesLoans EMI Loan Calculator works out affordability, eligibility, monthly repayment amounts and tons of extra information needed to make your decision.
CIBIL Score
CIBIL online platform allows customers to check their credit history, current credit score and all without paying a single Rupee for the privilege. Working with us will help you create a strategy for resolving your negative credit status.
Simply log on to the CIBIL portal to enjoy the use of these useful tools.
Instant Eligibility Checker
So, what is keeping you? Get your personal bank loan approved by applying now!
We assist thousands of clients each and every day to find their perfect loan solution. There is no need to walk from bank to bank to find the best package for you, as we work tirelessly, 24/7, to find all the best deals and lowest interest rates on the Indian market and organise them to be easily viewed in one place.
We compare the best deals from 15 different banking institutions to get you an instant positive decision from loan companies all across India.
So, what is keeping you? Get your personal bank loan approved by applying now!
Keep Up On Interest Rate Changes
Customers using our online tools have all the latest information on the best interest rates available for personal loans in India. You won’t find a better rate on the market than with YesLoans and right now, you can get loans for great deals like 13.9% per annum!
Loans with No Guarantor needed
Instant approval can be obtained for your personal loan in India, meaning no requirement for a guarantor or a security deposit! Safe lending is possible, with no need for a co-applicant and amounts as high as ₹100 Lacs can be achieved.
So, what is keeping you? Get your personal bank loan approved by applying now!
If you find it difficult to find the time to get to the bank, YesLoans operates a field team of loan experts that can offer deals from more than 28 banks and NBFCs straight to your front door.
We are the ‘savvy’ choice for customers looking to find the lowest possible loan rate and maximum allowable loan amount for your net income. You can choose rates from banks such as Kotak Mahindra, Indusind, HDFC, ICICI, ING Vysya and financial companies like Bajaj finance and TATA Capital, the most notable of loan providers in India.
If you have previously taken a personal or business loan, it is possible to transfer your loan to us by connecting with one of our expert teams anywhere in the country. Apply now!
The most often asked question from all new customers is “How do I get a person loan?” With lifestyles becoming busier, the stresses and strains on us all are growing by the day. From time to time, unexpected or unplanned things happen that need to be paid for, which is where instant loans are particularly useful. Nobody really likes borrowing from friends and family, so it’s good to know there are loans available to help when these problems arise.
The demand for personal loans in India is at an all-time high and this is increasing each and every day. Unsecured loans are really useful to those needing quick cash for a wide range of reasons. Banks in the private sector are providing significant funds to borrowers, much more than is occurring from public or nationalised banks.
So, let’s get to the process of how you actually start your application.
The quickest and easiest way to apply for you loan is to do it online. Using our clever YesLoans EMI Loan Calculator, you can check your availability in just minutes.
Once you’ve made your electronic application, you should get to work compiling all of the necessary documentation. This will include:
- KYC (Know Your Customer) documents
- Job Status
- Business continuity information
- All other forms of address and ID
- Existing loan information (if applicable)
Once this has been completed, financial institutions will typically send someone to your home or place of work to verify your documentation. If this is carried out successfully, you will be appointed a credit officer, whose job it is to determine your loan amount and the interest you will pay, which will all be determined by your status information. All of this information is then sent to credit referencing agencies for approval.
If this all passes smoothly and approval is granted, there will be a requirement for a signed agreement between the borrower and the banks. The next and last step is the issuing of funds to the customer, which normally occurs by cheque or by bank transfer (NEFT/RTGS).
Where to Get Started
This part is easy, as you only have to fill in the online application form to get your personal loan initiated. We have the best online personal YesLoans EMI Loan Calculator in India on our website, which usually produces a loan decision in just a few minutes.
To back this up, we have a dedicated team of skilled and knowledgeable sales and management staff, whose job it is to make your application process as smooth as it can possibly be. They will furnish you with all of the necessary information you need to choose the right loan product for your needs, including vital information like the interest rate and the term the loan is being offered over.
After speaking to our friendly experts, you will be fully aware of all associated or hidden charges, such as processing costs, pre closure fees or part payment charges. Whilst banks and NBFCs tend to operate in the same way, there are exceptions and it’s important to be aware of everything you’re agreeing to.
Getting Your Money
Usually, once your personal loan has been agreed and all documentation has been verified, funds are released anywhere from 48 hours to 7 days. Make sure that before you’ve finished that you have a copy of all your application forms and agreements you have signed. This is necessary to protect yourself should any issues arise.
Whether you live in Bangalore, Pune, Hyderabad, Delhi or Mumbai, you can enjoy the benefits of our YesLoans EMI Loan Calculator. In these major ‘Metro’ or ‘Semi-Metro’ cities, the dispersal of funds is usually at its quickest, as it is an area that banks and NBFCs are funding in a big way.
So, what is keeping you? Get your personal bank loan approved by applying now!
INSTANT APPROVAL / LOWEST RATES ON THE MARKET / SPEEDILY APPROVED LOANS
We offer loans with the speediest application, lowest interest rates and fastest funds dispersal in the whole of India. Using our fantastic YesLoans EMI Loan Calculator, it is easy to find the best rates and the highest loan amounts available right now.
If you require approval of a personal loan in 3 minutes, you can do so by filling in the application. Doing so is your first step to getting the best loan deal in India! We work with India’s many NBFCs and Banks to find you the lowest interests.
Documentation required to make an application is shown below and once provided, you should experience a very smooth process. Necessary documents include:
Salaried Customers
- 6 months of Bank Statements
- Proof of residence
- Aadhaar Card
- Last 3 months salary slips
- One valid proof of personal ID
- The details of your guarantor (If required)
Self Employed
- If you have been in the same business for over 5 years, you must provide 3 years ITR
- Balance Sheets, Audit report & Profit and Loss accounts
- MOA (If your company is Limited)
- Partnership Deed or Shop Act
- 6 Months of Bank Statements
- KYC of company or individual
Before applying for a loan, you should be sure to check out the latest competitive rates of interest and relevant EMI schemes by using our innovative YesLoans EMI Loan Calculator on our website.
Get your personal bank loan approved by applying now!
