Yes Bank Personal Loan understands your business dreams and growth aspirations. There are phases in a business cycle when you seek financial avenues to fuel the growth of your small or medium level enterprise. In a stiff competitive environment and an ever growing economy, you would not want to lose any business opportunity that comes your way.
LoanMoney take care of a wide range of capital requirements, financial needs and other industrial expenses that are crucial to keep your business running. LoanMoney have the right expertise and a keen eye to understand your business requirements. So whether you aspire to expand your current business venture or require new machinery or equipment for your enterprise, LoanMoney customised business Loans from Yes Bank aim to provide the right answer to your problems based on your needs.
Line of Credit:
Business Loan allows you to avail ‘line of credit’ facility, also known as 'flexi line'. Line of Credit is a unique credit facility given to our Loan applicants, wherein you are approved for certain limit of credit/ Loan, for a said duration. The monthly instalment for Line of Credit will consist only of the interest amount and will not have a principal component on a monthly basis. The principal amount of Loan is to be repaid at the end of the tenure of the facility. Hence, it acts as a big saving arm to your cash flows.
Whether your business has needs for short-term Loans, intermediate-term Loans or long-term Loans, LoanMoney offers business Loans up to Rs.30 lakh from Yes Bank. You can use the Loan amount to invest in infrastructure, expand operations, buy equipment or inventory, or even to increase working capital.
Business Loans taken from LoanMoney don’t require collateral, which means you won’t have to put your personal or business assets on the line to qualify for financing. And since you don’t need to pledge collateral, there is no requirement for appraisal of the value of your assets. As a result, funding will be much faster, require less paperwork and minimal documentation.
Interest rates charged by Yes Bank depend on factors like the borrower’s repayment capacity and purpose for funds and are some of the most competitive rates in India.
Yes Bank offers the option of repaying a Personal Loan through flexible EMIs, ensuring that repayment doesn’t become an additional financial burden. Read More
Running a successful business is not an easy task. There are always ups and downs you will face, as a business owner. LoanMoney understand that meeting every financial need is not simple and sometimes you do need a helping hand.
LoanMoney take special pride in being that institution that can facilitate you when you need help the most.
Yes Bank has been recognized amongst the Top and Fastest Growing Banks in various Indian Banking League Tables by prestigious media houses and Global Advisory Firms, and has received several national and international honours for our various Businesses including Corporate Investment Banking, Treasury, Transaction Banking, and Sustainable practices through Responsible Banking. Yes Bank is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Quality Bank of the World in India” by 2020.
Yes Bank Personal Loans are designed to give its customers the means to fulfil the various financial obligations that might arise at any time. A Personal Loan from Yes Bank could translate into an ability to go on a long overdue vacation, makeover of a house or even pay for a Wedding or an Educational course that could be very beneficial to a customer's future.