YES BANK rings in festivities with home loans at 6.7%* interest rate for limited period
Credit linked home loans at competitive rates for salaried home buyers
Mumbai, October 1, 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 mar ket. The 90 days offer from the Bank, provides an additional 0.05% benefit (interest rate at 6.65%*) for prosp ective 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 sign ificant 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 comp etitive 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 inhe rent long tenure, the home loan offering also gives us an opportunity to partner with our consumers across diff er ent life stages and lifecycles.”
Benefits of YES Premier home loans:
- Loan tenure of up to 35 years
- 05% discount for salaried women customers
- Minimal documentation
- Doorstep service
^ Limited offer for 90 days up to December 31, 2021.
* TnC applies. To know more: https://www.yesbank.in/personal-banking/yes-individual/loans/home-loan-festive-offer
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Hea dquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/.
