With a plethora of Home Loan choices in the financial market today, choosing a home loan can be quite a daunting experience. However, with careful consideration of the interest rates, loan tenures and loan fees and charges, it can be easier to fit a loan into your pocket. Home Loans are unique as they have the most extended time period and paying off a home loan can be a real nightmare if you choose a wrong bank that charges too much interest rates.
Yes Bank is one of the commercial banks that offers retail, corporate and SME banking in India. Headquartered in Mumbai, Yes Bank was established in 2004 and has since become one of the most profitable banks in the country. Yes Bank’s home loans are hugely popular in the home loan segment.
Why people prefer Yes Bank Home Loans
Yes Bank is one of the 5th largest private bank in India and since its inception has spread its presence in all parts of India. Yes Bank offers many benefits to prospective home loan seekers. With their stae of the art innovative banking services,Yes Bank Home Loan Offers that start from 10.75% to 12% per annum. There are no pre-payment or part-payment charges for floating rate loans. The processing fee is also the lowest, which is set at 1% of the total home loan amount or a maximum of Rs. 10,000. Yes Bank also offers balance transfer facility as well as the option to get a top up on the existing loan. As the rate of interest is low, the EMI is easily affordable.
Yes Bank also provides the convenience of doorstep service that allows you to easily complete your loan documentation as well as understand the different charges and costs upfront with a bank representative. The home loan for Yes Bank is also quite innovative as it brings forth loan access to not just new homes but also fulfills the needs of a house renovation, a home loan top-up, and much more.
Yes Bank home loans also offer amazing tax benefits such as the tax exemption for the loan EMIs paid during the financial year. There is also no guarantor required to avail a home loan and eligible candidates can easily submit their required documents and get the home loan with a faster processing time frame.
Benefits of Applying Yes Bank Home Loan on Letzbank
You can avail the benefit of zero service charges for online application of your home loan that gets submitted at Letzbank. Letzbank waives off service charges for all loan applications that are submitted directly at its website.
There are also numerous benefits of availing loans at Letzbank. For example, you can get access to a comparative display of all competitive loans all in one page. This makes it easier for a loan seeker to determine and compare all loan offerings and make a wise decision on which loan would suit him best. This is a time saving measure, as you no longer have to take the pain of scanning different bank websites to evaluate different loans. Letzbank also lets you submit your loan application with ease and offers a novel tool to safeguard your documents online. Using the Document Locker tool, you can safely store your documents online for future usage.
Letzbank also offers an Instant Quote feature that allows you to get instant access to loan quotes directly from partner banks. You can also make use of Credit Score service that allows you to be informed of your credit information before applying for a loan and ensure that if there are any errors they can be duly corrected. Filing of income tax returns is also easier with Letzbank as it partners with ClearTax to give you the ease of online submissions of tax returns free of cost!
You can also purchase different types of insurance offerings such as medical insurance, car insurance, life insurance, etc.
And last but not the least, you can also grab best offers that get updated for selected time period by partner banks on your loans, credit and debit cards as well as e-wallets. Visit the Offers page on Letzbank and find out the best deals for you!