Yes Bank Personal Loan for Foreign education in Delhi NCR through LoanMoney

About Yes Bank Personal Loan for Foreign education

Education is the most important investment one makes in life. Therefore, Yes Bank Personal Loan through LoanMoney brings to you Education Loans, which aims to finance meritorious students who choose to pursue a higher education (professional or technical) in India and abroad. With opportunities growing across the globe, more and more Indian students are aspiring to study abroad at various universities. Studying abroad brings in promises of high-flying careers, with the sky being the limit. Institutions across the world offer a multitude of courses and students have various options to choose. Additionally, most universities offer scholarship programs and financial aid in some cases to students, which only improve their job opportunities. With growing aspirations, there is another responsibility that has to be fulfilled by students and their parents. 

Funding the foreign education is a major factor that affects the type of course that student enrolls for and also the institution selected. LoanMoney facilitates various schemes depending on the institution selected and the course of study from Yes Bank Personal Loan. Education Loans through LoanMoney also facilitate the cost of boarding, lodging, tuition fees, Education and other related costs for the student from Yes Bank Personal Loan.

 

Features and Benefits of Higher Education Loan through LoanMoney:

  • Higher Education Loans can be availed to pursue higher studies both in India and abroad.
  • Enjoy long term repayment tenures for higher Education Loans.
  • A co-applicant is mandatory for a full time course.
  • Easy and hassle free documentation process.
  • You can enjoy a wide range of collateral options including residential property, fixed deposits, national savings certificate, LIC policy etc.
  • You can enjoy tax benefits by taking a higher Education Loan under section 80E of the Indian Income Tax Act 1981.
  • The Education Loan gets directly disbursed to your educational institutions through LoanMoney.
  • LoanMoney facilitate the insurance protection.
  • You can use the amount received as higher Education Loan for paying off your college fee, hostel expenses and Education expenses, and purchasing books and computers etc.

 

Documents required for Higher Education Loan through LoanMoney

  • Yes Bank usually asks for the following documents from a student while accepting his/her higher Education Loan application through LoanMoney:
  • A copy of the letter of admission in a college/university.
  • A complete Loan application form with all required details included.
  • A few recent passport size photographs.
  • A statement containing the cost of study.
  • Copies of PAN card (applicable for both - student and parent / legal guardian).
  • Copies of AADHAR card – (applicable for both - student and parent / legal guardian).
  • Proof of identity. You can submit any of the following documents - driving license/ passport/ /aadhar or any photo identity as proof of identity.
  • You also need to submit your proof of residence. Documents like driving license/passport/electricity bill/telephone bill are accepted as proof of residence.
  • Last 6 months’ bank statement of the student/ co-borrower/ guarantor is required. 

 

Features and Benefits of Yes Bank Personal Loan

  • Complete flexibility of end use
  • Flexible repayment options, with tenures ranging from 12 months to 60 months
  • Hassle-free online Personal Loan application
  • Foreclosure facility available
  • No collateral or guarantor required
  • Loan amount up to Rs. 20 Lakhs available
  • Easy YES Loan payment options: Choose a convenient repayment option from Yes Bank a/c debit or ECS from another bank 

Eligibility and documentation Required for Yes Bank Personal Loan 

Eligibility Criteria are

  • Applicant to be between 25 and 58 years
  • Minimum Net Salary per month to be Rs. 25,000/-
  • Minimum total work experience of 2 years with minimum 6 months in current organization
  • Resident for 2 years at current residence or owned residence
  • Loan Amount & Repayment Options:
  • Loan amount ranging from Rs 1 lakhs to Rs 20 lakhs
  • Flexible Repayment options
  • No guarantor surety/collateral required

 

List of Documents Required for Yes Bank Personal Loan

  • 2 Passport size photographs
  • Proof of Identity
  • Proof of Address
  • Signature Proof
  • Age Proof
  • Last 3 months’ salary slip and IT returns for last 2 years
  • Statement of salary account for last 6 months

 

Yes Bank Personal Loan Interest Rates

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..

 

Why choose LoanMoney for taking Education purpose Personal Loan from Yes Bank

 

Easily Available – Getting Yes Bank Personal Loan for Education purpose is not a tough task. HDFC Bank Personal Loan is offered at reasonable interest rates and it is easy and convenient to get Education Loan from HDFC Bank in comparison get Personal Loan from other Banks or NBFCs. 

No Agent or Middleman Charges– In order to get Education Loan from Yes Bank, you do not have to pay any agent or middleman charges. LoanMoney as your Loan Agency help you to avoid unnecessary delays and expenses. 

Unsecured Loan –Yes Bank Personal Loan is an unsecured Loan. There is no collateral security required in order to get this Education Loan from Yes Bank. All that is required is your ability to pay back the money. You are not required to mortgage any of your assets or provide for any kind of guarantee. LoanMoney will try it best to ensure that Yes Bank become sure of your re-payment ability and Yes Bank will process the Loan.

Less Processing Time – LoanMoney guarantees that the processing time involved in getting Education Loan from Yes Bank is very less.

Minimum Paperwork – LoanMoney ensures that getting an Education Loan from Yes Bank does not require verification of any asset or any other kind of proofs and certificates that involve a lot of paperwork. 

 

About Yes Bank

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 an Education or an Educational course that could be very beneficial to a customer's future. 

 

 

 

 

 

 
Loan Application

 

It is a type of unsecured loan and helps to meet your current financial needs. You don't need any security/collateral while availing it. Personal Loan is your solution for instant cash and can be used for travelling, wedding, medical emergency, home renovation, or anything else.

 

Home Loan is a Secured loan offered against the security of a house/property which is funded by the banks and NBFCs the property could be a personal property or a commercial one. Home loans consist of an adjustable or fixed interest rate and payment terms.

 

Loan Against Property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. Banks and financial institutions offer this LAP, which can either be a residential/commercial building or a piece of land.

 

A Business Loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. Banks and other financial institutions are there to provide you with suitable lending assistance.

Different Purposes for Personal Loan through LoanMoney

Marriages are made in heaven and its celebration is one of the happiest and memorable events for married couples and their families. Wedding loan is available to people looking to meet their wedding expenses in order to make the wedding a grand success.
Debt consolidation/ Financial Restructuring is a process to streamline one’s financial stability and debt. Thus by consolidating many small debts with one debt, one gets favourable payment off terms and lower burden of EMI.
Home is the place where your story generates. Home Renovation Loans are designed for the purpose of renovating a house and can be taken by a person who owns the property to be renovated.
A Medical Loan is extended by a bank or a financial institution under the category of personal loans. A medical loan can be used for multiple emergency purposes such as an operation, surgery, procedure, therapy or for any concern related to health.
The Education Loanaims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. Students enrolled in career-oriented courses e.g. medicine, engineering, management etc, can avail this.
Balance transfer is the process where a customer transfers his outstanding principal amount to another bank or financial institute primarily for a better rate of interest and also for better features. Balance transfer reduces your interest rates and finally ensure saving.
Travel loan is a kind of Personal Loan that you can apply while planning a travel. It can help to cover the costs associated with your holiday, such as airfares, accommodation, hotel fares, tour packages, travel gears/accessories, or any other type of expenses associated with your travel.
The Credit Card Payment Loan is designed to allow you to take control of your finances and pay your credit cards off faster. This is made possible by consolidating your high-interest card balances into one monthly payment at a fixed rate and term.

Disclaimer: LoanMoney is not a Loan Providing Organization. We are facilitating the Loan Process from various Banks & NBFC. The rate, eligibility criteria, term & conditions of various banks are subject to change as per bank discretion. We try our best to keep the data up-to-date, but we can't guarantee the accuracy of data provided in this site. LoanMoney help you to embark on your dream at the right time with many Banks/NBFC's Loan opportunities available! Follow a few simple steps to help LoanMoney team understand your requirements.

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