Yes Bank Loan Against Property

Yes Bank's Loan Against Property (LAP) is a loan that can be availed by mortgaging your property, residential, commercial or industrial, as collateral. LAP can be used for various purposes such as business expansion, personal needs, education, medical expenses, etc.

The interest rates for Yes Bank's LAP vary depending on factors such as loan amount, tenure, property type and value, credit score, income and repayment capacity of the borrower. The interest rate range for LAP is 9.75% - 12.50% per annum

The processing fee for Yes Bank's LAP is up to 1% of the loan amount plus applicable taxes. There may be other charges such as prepayment charges, foreclosure charges, valuation charges etc.

The eligibility criteria for Yes Bank's LAP depend on whether you are a salaried individual or a self-employed professional. Generally, you should be an Indian citizen with a minimum age of 21 years and a maximum age of 65 years (for salaried) or 70 years (for self-employed) at the time of loan maturity. 

The documents required for Yes Bank's LAP include identity proof, address proof, income proof (such as salary slips or bank statements), property documents (such as title deed or sale agreement), valuation report etc. You may also need to submit other documents depending on your profile and loan scheme.

You can apply for Yes Bank's LAP online by  applying through Refer Loan. You will also need to upload your documents and choose your preferred loan scheme. Once you submit your application form online, you will receive an instant approval decision from Yes Bank.

It Depends on case to case basis.