Festival bonanza: Yes Bank offers discounts on credit card purchases, loans at competitive rates

New Delhi: Yes Bank Wednesday Festival Season Offers Processing Fees for Loans, Low Price EMI.

Yes Bank, which launched the ‘Kushiyon Ki Karin Gymmetari Se Tayari’ campaign, said customers can avail hassle-free loans, personal and business loans, two-wheeler and auto loans at 100 per cent road price at competitive interest rates. With designed options and flexible payment plans.

In addition to these offers for easy loans, customers can enjoy the benefits of more than 100 attractive deals on Yes Bank credit cards with rewards, according to a statement issued by Yes Bank.

Under the various offers available, the lender said it would offer car loans with road prices ranging from 7.99 per cent to 100 per cent and offer a long-term rental option of up to 8 years.

It will provide value-added services such as home delivery and free test drive. Yes Bank offers 10.49 per cent up to 100 per cent on car valuation on pre-owned cars and long term rent up to 6 years.

In the personal loan segment, customers can avail personal loans up to Rs 50 lakh at 10.45 per cent and a maximum of 72 months, Yes Bank said. Two-wheeler loans are available at road prices ranging from 10.99 per cent to 100 per cent for term options ranging from 12 to 84 months.

Yes Bank said it has introduced affordable home loans for families earning between Rs 9,000 per month, low or no income document schemes and a subsidy of up to Rs 2.67 lakh under the Prime Minister’s Awas Yojana.

The bank will offer a 10.99 per cent gold loan with a flat processing fee of Rs 799 and a loan-to-value ratio of up to 90 per cent by March 2021.

Similarly, the bank offers 15.75 per cent business loans up to Rs 50 lakh to sophisticated customers, offering flexible and long-term repayment options.

Among others, Yes Bank said it has partnered with well-known brands to offer credit card holders EMI home appliances at no charge. Those who spend more can win prizes including smartphones, TVs, Bluetooth speakers and shopping vouchers.

The bank also launched initiatives such as the digital opening of a savings account from a home facility, the #YESforLocal initiative to support domestic businesses and the overdraft facility against fixed deposits.

Yes Bank Global Chairman (Retail Banking) Rajan Bentall said, “There is a lot of demand, with deferred purchases during the lockout, and our offerings and products are designed to help customers fulfill their dreams and aspirations during this festive season.”

Yes Bank President (Credit Cards) Rajneesh Prabhu, This year the bank has tied up with many reputed brands and has come up with many offers in store and online for bank cardholders to enjoy great benefits in many categories.

“Customers can get discounts and get better deals and rewards with offers that appeal to all types of shoppers. It is time to enjoy festivals with loved ones and we hope that our attractive offerings during these festive seasons will add that special touch,” Prabhu said.

Earlier in the day, State Bank of India announced a 25 basis point offer on home loan rates. One day ago, Axis Bank came up with various consumer credit offers on various debit / credit card purchases at special rates and discounts on various branded products.


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