YES Bank Personal Loan EMI Calculator

YES Bank Personal Loan EMI Calculator

The YES Bank Personal Loan EMI Calculator is a free online tool that helps you calculate your monthly loan repayment (EMI) based on the loan amount, interest rate, and tenure. It simplifies financial planning by providing accurate EMI estimates instantly, helping borrowers understand their repayment obligations before applying for a personal loan.

How the YES Bank Personal Loan EMI Calculator Works

To use the EMI calculator, you need to input the following key details:

• Loan Amount (Principal): The total amount you wish to borrow from YES Bank.
• Interest Rate (% p.a.): The annual interest rate applicable on the personal loan. As of Q1 FY 2024–25, YES Bank offers personal loan interest rates starting from 10.99% p.a., subject to eligibility and loan terms.
• Loan Tenure: The duration of the loan repayment, typically ranging from 12 to 60 months.

Once you enter these values, the calculator uses the EMI formula to compute your monthly installment.

EMI Calculation Formula

EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]

• P: Loan amount (principal)
• R: Monthly interest rate = Annual Rate ÷ 12 ÷ 100
• N: Loan tenure in months

Benefits of Using the YES Bank Personal Loan EMI Calculator

• Instant results: Get EMI calculations in seconds without manual effort.
• Better financial planning: Understand your monthly outflow and plan your budget accordingly.
• Compare loan options: Test different combinations of amount, rate, and tenure.
• No personal details are required: Use it without registration or login.

Example Calculation

If you take a personal loan of ₹5,00,000 at an interest rate of 11% p.a. for a tenure of 3 years (36 months), your EMI would be approximately:

• EMI ≈ ₹16,369

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.