MyLoanCare is a FREE of cost service for borrowers

Get Cashback of Upto ₹1,000* on Business Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0

Compare Business Loan - OBC vs Yes Bank

Interest Rate
Interest Rate
12.65% - 15.65%
16.25% - 19.99%
Processing Fees
Processing Fees
0.50% of Loan Amount
Up to 2%
Loan Amount
Loan Amount
₹ 1 Lakh to ₹ 15 Lakh
₹ 5 Lakh to ₹ 50 Lakh
Loan Tenure
Loan Tenure
12 to 84 Months
12 to 36 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,800
₹ 3,528
Part Payment Charges
Part Payment Charges
Allowed after 0 months at Nil Prepayment Charges
Allowed after 12 months at 2% charges
Foreclosure Charges
Foreclosure Charges
Allowed after 0 months at Nil Prepayment Charges
Allowed after 12 months at Up to 4%
Borrower’s Age
Borrower’s Age
25 to 65 Years
25 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
0 Months
36 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 0
₹ 1 Cr
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
Add Bank

Compare EMI of OBC and Yes Bank Business Loan

Loan Amount OBC Yes Bank
₹ 1 Lakh ₹ 1,800 ₹ 3,528
₹ 5 Lakh ₹ 9,001 ₹ 17,640
₹ 10 Lakh ₹ 18,002 ₹ 35,281
₹ 15 Lakh ₹ 27,003 ₹ 52,921

Which is a better bank for Business Loan – OBC or Yes Bank?

OBC offers lower Business Loan EMI at 1800 on a Business Loan for 84 Months as compared to Yes Bank with a minimum EMI of 3528 for 36 Months. Average customer ratings for OBC is currently at /5.0 which makes it a good choice for taking a Business Loan.

How does OBC Business Loan compare with Yes Bank Business Loan?

A detailed comparison of OBC and Yes Bank Business Loan on various terms and conditions highlight key differences in their offerings and allows the customer to take an choose the best bank for Business Loan. Results of a comparative analysis between both banks highlight that:

  • Lowest Interest rate of OBC Business Loan is 12.65%, which is lower than the lowest interest rate of Yes Bank at 16.25%. Hence, OBC is offering a cheaper loan option.
  • When compared on other Business Loan charges such as processing fees, OBC charges a processing fees of 0.50% of Loan Amount while Yes Bank charges a processing fees of Up to 2%.
  • Yes Bank offers Business Loan upto an amount of ₹ 50 Lakh while OBC offer Business Loan upto an amount of ₹ 15 Lakh. Yes Bank can be a better option if you are looking for a high value amount.
  • One feature that makes Business Loan a better option is foreclosure facility. OBC gives the option to close the loan after Zero months at Nil Prepayment Charges and Yes Bank gives the option to close the loan after 12 months at Up to 4%. This makes OBC a better option for Business Loan.
  • OBC and Yes Bank allow part payment on Business Loan after Zero months at Nil charges. OBC applies a charge of Nil charges and Yes Bank charges 2% charges on Business Loan.
  • OBC gives business loan at a minimum turnover of ₹ 0 . However, the turnover requirement for a business loan from Yes Bank is ₹ 1 Cr. Hence, small businesses may find is easier to get a loan from OBC.
  • OBC can be a better option if you are looking for fund requirements after 0 months. Yes Bank offers a business loan once if business is 36 months old. Hence, OBC should be a preferred choice for relatively new enterprises.
  • Yes Bank has an average customer ratings of 5, while has an average customer rating of , based on which it is clear that Yes Bank has a high customer service focus, an easy Business Loan process and a quick turnaround.

Which bank offers lower interest rate on Business Loan – OBC or Yes Bank?

As per the current rates, OBC offers a lower interest rate of 12.65% on Business Loan when compared to Yes Bank which offers a Business Loan at 16.25%.

Know all about Business Loan

Know more about OBC Business Loan

Know more about Yes Bank Business Loan

Compare OBC Business Loan With Other Banks

Compare Yes Bank Business Loan With Other Banks

Know About MSMEs and Mudra Loan

Business Loan News - Apr 2021
  • 2021-04-12 : Rs. 15 lakh crores sanctioned under the Mudra Yojna in last 6 years
    The finance ministry reported that banks and financial institutions have sanctioned Rs. 15 lakh crores to over 28.68 crores beneficiaries in the last 6 years. Prime Minister Mudra Yojna or PMMY was launched in April 2015 with an aim to promote entrepreneurship.
  • 2021-04-07 : IIFL Home Finance signs co-lending agreement with Standard Chartered Bank
    IIFL Home Finance and Standard Chartered Bank have entered into a co-lending arrangement for extending credit. Under this agreement, IIFL Home Finance and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance will service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing.
  • 2021-04-05 : Yes Bank Jan-March deposits up 54% to 162, 947
    Yes Bank reported that the bank’s loan and advances which include home, personal, LAP, gold, two-wheeler, car and doctor loans along with business and mudra loans increased by 0.8% in year-on-year (YoY) terms to Rs. 172,850 crores. In addition to this, the bank deposit which includes fixed and recurring deposits grew 54.7% to Rs. 162,947 crores as compared to ₹105,364 crores on a yearly basis. The CASA(current and savings account) was up 51.8% to Rs. 42,587 crores against Rs. 28,063 crores YoY.
  • 2021-04-05 : Karnataka Bank targeting 1.42 lakh business turnover in FY 22
    Karnataka Bank is looking for 12% business growth in the current fiscal and targeting 1.42 lakh business turnover. The bank emphasised that it is planning to leverage digital banking to achieve its target.
  • 2021-03-26 : Digital Banking likely to play a major role in the banking sector
    RBI Governor emphasised that digital lending is going to play a major role in the coming years and the market will be more technology-dependent. Further, he suggested that banks need to adapt to new technologies and adapt to the changes and transformations which are happening in the world of digital lending to remain in sync with time.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
Please wait while your information is being processed...