1,30,000 people visited this section in last 30 daysApply Online

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

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

Yes Bank Loan Against Property EMI Calculator

Yes Bank Mortgage Loan EMI 2021

Last Updated 03rd Dec 2021

Get monthly EMI as low as ₹ 1,011 per lakh on Yes Bank loan against property. Mortgage loan EMI in Yes Bank depends upon the type of property (residential, commercial, industrial), occupation (businessmen, self employed, salaried), loan amount, loan tenure and interest rate. Check Best Offers.

  • Use Yes Bank mortgage loan calculator to evaluate your EMI before applying for a loan.
  • Check Yes Bank property loan EMI for different tenures at the current rate of 8.95%
Loan Amount5 Year Loan7 Year loan15 Year loan
₹ 20 Lakh₹ 41,468₹ 32,127₹ 20,226
₹ 30 Lakh₹ 62,202₹ 48,191₹ 30,339
₹ 50 Lakh₹ 1,03,670₹ 80,319₹ 50,565
Apply for Loan Against Property @ 6.90%* Get upto ₹ 1,000* Cashback
Best Offers on Loan Against Property offerOffers
Bank/NBFCs Rate* EMI per Lakh* Action

* Starting From

Loan Against Property EMI Calculator Yes Bank

You can calculate your Yes Bank loan against property EMI in advance to plan your expenses using a Yes Bank mortgage loan calculator. Yes Bank loan against property EMI calculator is an online tool that gives accurate results without hassle.

Why should you use Yes Bank Loan Against Property EMI Calculator?

  • Calculate the EMI at Different Tenures : With Yes Bank LAP EMI Calculator, you can compare the EMI on your loan against property with different loan tenures and loan amount. However, you must check the interest rate on Yes Bank loan against property to calculate the EMI. As per the current rates, Yes Bank offers the lowest EMI per lakh of ₹ 1,011 at 8.95 %
  • Compare Yes Bank LAP EMI : You can also get a precise estimate on your loan against property compared to other banks at the same loan amount and tenure by using Yes Bank loan EMI Calculator. On the basis of Yes Bank Loan against property EMI, you can choose the most affordable offer.
  • Get Detailed Amortisation Schedule : Yes Bank Loan against EMI Calculator helps you to calculate the division of total EMIs into interest and principal repayment at different periods throughout the loan tenure.
  • Calculate the Outstanding Balance : Finally, you can also use Yes Bank EMI Calculator to calculate the remaining loan tenure for the outstanding balance at any period of the loan tenure. Thus, it can help you reduce your loan tenure by prepayment or foreclosure or to avail loan at a lower rate with balance trasnfer.

Yes Bank Mortgage Loan EMI Calculator to estimate the EMI that fits your budget

To calculate the EMI against Yes Bank EMI loan against property at different rates and tenure, enter different loan amounts and tenure at the eligible interest rate on the Yes Bank Loan against property EMI calculator. The table below shows the Yes Bank EMI calculation at the various combinations of loan amount and years at the lowest rate of 8.95%.

Yes Bank Loan against property EMI is calculated for different loan amounts and tenures at 8.95% interest rate

Loan Tenure
Loan Amount (Rs.)10 years15 years20 years
EMI on ₹ 15,00,000 ₹ 18,961 ₹ 15,169 ₹ 13,448
EMI on ₹ 25,00,000 ₹ 31,601 ₹ 25,282 ₹ 22,413
EMI on ₹ 40,00,000 ₹ 50,562 ₹ 40,452 ₹ 35,861
EMI on ₹ 60,00,000 ₹ 75,843 ₹ 60,678 ₹ 53,791

Factors Affecting Yes Bank Property Loan EMI

You can calculate Yes Bank EMI for your loan against property using an online LAP EMI Calculator, which considers factors such as loan amount, rate of interest and the tenure for which you are planning to avail the loan.

Loan Amount

If you apply for a higher loan amount, you will have to pay a higher EMI on loan against property. You can avail of Yes Bank loan against property for an amount ranging between ₹ 10,00,000 to ₹ 5,00,00,000.

Interest Rate

A higher interest rate increases your Yes Bank loan against property EMI, increasing the total cost of the loan. As per the current rates, Yes Bank provides loan against property at rates starting at 8.95%. Before applying for a loan, you must compare LAP rates and calculate EMI online using Yes Bank loan against property loan calculator.

Loan Tenure

Your EMI will be lower if you avail mortgage loan for a maximum tenure of 15 years, and similarly, you will have to pay a higher EMI if your tenure is shorter.

Comparison of Yes Bank Loan Against Property EMI with other Banks

Bank Name Interest rate Loan Amount of ₹ 10 Lakh Loan Amount of ₹ 30 Lakh Loan Amount of ₹ 50 Lakh
Yes Bank 8.95% ₹ 10,113 ₹ 30,339 ₹ 50,565
Bajaj Home Finance 9.00% ₹ 8,997 ₹ 26,992 ₹ 44,986
Jammu And Kashmir Bank 9.20% ₹ 16,191 ₹ 48,572 ₹ 80,954
Edelweiss 9.25% ₹ 10,292 ₹ 30,876 ₹ 51,460
Karur Vysya Bank 9.25% ₹ 13,676 ₹ 41,027 ₹ 68,379
UCO Bank 9.45% ₹ 11,635 ₹ 34,906 ₹ 58,176
Kotak Bank 9.50% ₹ 11,664 ₹ 34,991 ₹ 58,319
PNB 9.50% ₹ 12,940 ₹ 38,819 ₹ 64,699
Indian Overseas Bank 9.75% ₹ 16,472 ₹ 49,417 ₹ 82,361
HSBC Bank 9.80% ₹ 10,624 ₹ 31,872 ₹ 53,120
Union Bank of India 9.80% ₹ 11,836 ₹ 35,507 ₹ 59,178

Yes Bank Loan Against Property Amortization Calculator

The amortization schedule breaks the month-wise calculation of principal and interest amount you will be paying in the form of your EMIs. In simple words, with each month’s EMI, the share of interest and the principal amount keeps changing, while the former keeps on reducing the later keep on increasing. That’s why if you decide to prepay your loan in the first few years you will find out that you have paid a very small proportion of the principal sum. Let us understand this better with the help of an illustration.

Illustration: How to read an amortization schedule

Suppose you borrow a Loan Against Property of ₹ 25 Lakh from Yes Bank for 5 years at an interest rate of 8.95%, the EMI calculated for this loan amount would be ₹ 51,835 and the total annual EMIs to be paid annually is ₹ 6,22,023. The Yes Bank Loan Against Property EMI schedule for 5 years is explained below in the table –

Amortization Schedule for a Loan Against Property of ₹ 25 Lakh over the 5 years

Year Interest paid during the year Principal repaid during the year Total amount paid during the year (Interest + Principal) Outstanding Principal
2021 ₹ 18,646 ₹ 33,189 ₹ 51,835 ₹ 24,66,811
2022 ₹ 2,03,904 ₹ 4,18,119 ₹ 6,22,023 ₹ 20,48,692
2023 ₹ 1,64,909 ₹ 4,57,114 ₹ 6,22,023 ₹ 15,91,577
2024 ₹ 1,22,276 ₹ 4,99,747 ₹ 6,22,023 ₹ 10,91,831
2025 ₹ 75,668 ₹ 5,46,355 ₹ 6,22,023 ₹ 5,45,475
2026 ₹ 24,712 ₹ 5,45,475 ₹ 5,70,188 ₹ 0

Each Yes Bank Loan Against Property EMI consists of both amounts of interest as well as the principal repaid. The interest component of EMI goes down while the principal component goes up in both cases while doing the calculation.

As you assess the amortization table, you will find that by the end of 1st year 66.72% of your EMI has been used to repay the principal amount. This means that the remaining 33.28% of the EMI went into interest payment. Thus, you end up paying only 16.6% of the loan amount of ₹ 25 Lakh after paying 12 EMIs in the first year to Yes Bank.

In year 5, the interest component of Yes Bank EMI is around 4.68%, while the principal component is around 95.32%. Upto 5 years, you have cumulatively repaid 100% of your total Yes Bank Loan Against Property.

Yes Bank Loan Against Property EMI for ₹ 10 Lakh

The following table shows EMI on Yes Bank loan against property for ₹ 10,00,000 for different tenures at an interest rate of 8.95%

Loan Amount Interest rate Tenure (Year) EMI
₹ 10,00,000 8.95% 5 Years ₹ 20,734
₹ 10,00,000 8.95% 10 Years ₹ 12,641
₹ 10,00,000 8.95% 12 Years ₹ 11,352
₹ 10,00,000 8.95% 15 Years ₹ 10,113

Yes Bank Loan Against Property EMI for ₹ 25 Lakh

The following table shows Yes Bank loan against property EMI for ₹ 25,00,000 for different tenures at an interest rate of 8.95%

Loan Amount Interest rate Tenure (Year) EMI
₹ 25,00,000 8.95% 5 Years ₹ 51,835
₹ 25,00,000 8.95% 10 Years ₹ 31,601
₹ 25,00,000 8.95% 12 Years ₹ 28,380
₹ 25,00,000 8.95% 15 Years ₹ 25,282

Yes Bank Mortgage Loan EMI for ₹ 30 Lakh

The following table shows Yes Bank loan against property EMI for ₹ 30,00,000 for different tenures at an interest rate of 8.95%

Loan Amount Interest rate Tenure (Year) EMI
₹ 30,00,000 8.95% 5 Years ₹ 62,202
₹ 30,00,000 8.95% 10 Years ₹ 37,922
₹ 30,00,000 8.95% 12 Years ₹ 34,056
₹ 30,00,000 8.95% 15 Years ₹ 30,339

FAQs

Will the Yes Bank Loan Against Property EMI remain constant or change in future? What happens in case of increase or decrease in interest rate?

Yes Bank Loan against property may change as per the borrower’s financial ability or in case of floating rate of interests offered by the lender. The consequences of the change in Yes Bank LAP EMI are listed as follows:

  • Typically, the Loan Against Property EMI remains unchanged unless the customer requests for a change and the same is approved by Yes Bank subject to its eligibility conditions (note that nominal charges may apply for effecting a customer initiated change in EMI).
  • In case the floating rate of interest on your loan increases, Yes Bank will typically keep the EMI constant but increase the loan tenure. So, you will pay the same EMI but for a longer duration. In case, the interest rates increase to the extent that the revised loan tenure is more than the maximum permissible by Yes Bank, the bank may increase your EMI amount.

Will Yes Bank Loan Against Property EMI change in case of prepayment?

Similar to all loans, Yes Bank Loan against property also offers the prepayment facility to the loan borrowers. Prepayment of loan leads to certain changes as listed below:

  • When you make a prepayment, the outstanding principal amount on your property loan reduces. You may choose to either keep the EMI the same and reduce the loan tenure (enabling you to pay off the loan faster) or reduce the EMI and keep the loan tenure unchanged (thus paying a lesser amount every month). It is beneficial to keep the EMI constant and reduce the loan tenure as you pay less interest to the bank in this option.
  • Note that Yes Bank may levy prepayment charges except on floating rate property loans sanctioned to individuals.

How does EMI calculator calculate Yes Bank Loan Against Property EMI?

Yes Bank Loan against property emi calculator is a reliable and time-saving tool to calculate the LAP EMI. It functions as follows:

  • EMI is calculated using a combination of the loan amount, loan tenure and interest rate.
  • Yes Bank mortgage loan calculator calculates EMI on a reducing balance basis and assuming payment of EMI in arrears (that is interest is charged for the month preceding the date of EMI payment on EMI date) and not in advance.

How much loan can I get against my property from Yes Bank?

You can avail of a maximum loan of ₹ 5,00,00,000, depending on the value of the property. However, the loan amount cannot be more than 70% of the property value. Yes Bank assesses the property before approving your mortgage loan application.

How to pay your Yes Bank Mortgage loan EMI Online?

You can pay the Yes Bank mortgage loan EMI by logging in to your net banking account as provided when availing of the loan using your savings account or debit/credit card. You can also visit the Yes Bank branch to submit the cheque of your EMI.

What is the EMI for ₹ 10 Lakh mortgage loan in Yes Bank?

To determine different EMI for different tenures, you can use a 10 lakh loan against property EMI Calculator. Consider this example for a better understanding.

Loan amount Interest rate Tenure EMI
₹ 10 Lakh 8.95% 5 years ₹ 20,734
₹ 10 Lakh 8.95% 10 years ₹ 12,641
₹ 10 Lakh 8.95% 12 years ₹ 11,352
₹ 10 Lakh 8.95% 15 years ₹ 10,113

How is Yes Bank loan against property EMI calculated?

You can calculate Yes Bank LAP EMI using the mathematical formula mentioned below or using an online Yes Bank LAP EMI Calculator.

  • E = [P x R x (1+R)^N]/[(1+R)^N-1] where
  • ‘E’ means Equated monthly instalments
  • ‘P’ means the principal amount
  • ‘N’ is the number of monthly instalments
  • ‘R’ is the interest rate per month.

What is the EMI for ₹ 20 Lakh Loan against property in Yes Bank?

To determine different Loan against property EMI Yes Bank for different tenures, you can use a 20 lakh loan against property Calculator, as reflected in the table below:

Loan amount Interest rate Tenure EMI
₹ 20 Lakh 8.95% 5 years ₹ 41,468
₹ 20 Lakh 8.95% 10 years ₹ 25,281
₹ 20 Lakh 8.95% 12 years ₹ 22,704
₹ 20 Lakh 8.95% 15 years ₹ 20,226

What is the EMI for ₹ 30 Lakh mortgage loan in Yes Bank?

To determine different Yes Bank EMI for different tenures, you can use a 30 lakh loan against property EMI Calculator.

Loan amount Interest rate Tenure EMI
₹ 30 Lakh 8.95% 5 years ₹ 62,202
₹ 30 Lakh 8.95% 10 years ₹ 37,922
₹ 30 Lakh 8.95% 12 years ₹ 34,056
₹ 30 Lakh 8.95% 15 years ₹ 30,339

What is the EMI for ₹ 50 Lakh mortgage loan in Yes Bank?

To estimate Yes Bank EMI for different loans against property tenures, you can use a 50 lakh mortgage Calculator. The results are mentioned as follows:

Loan amount Interest rate Tenure EMI
₹ 50 Lakh 8.95% 5 years ₹ 1,03,670
₹ 50 Lakh 8.95% 10 years ₹ 63,203
₹ 50 Lakh 8.95% 12 years ₹ 56,761
₹ 50 Lakh 8.95% 15 years ₹ 50,565


Yes Bank Loan Against Property Reviews 4.5/5  by 2 customers
MyLoanCare Service
4.5/5.0
Banks Service
4.5/5.0
Rohit Rousha, Faridabad
Reviewed on 11th Jul 2018
5 / 5 stars
Yes Bank Loan Against Property Availed in Jul 2018

Awesome service... Special thanks to my executive who helped like a brother. I avail the LAP from thRead more...

R.K UDAYAKUMAR, Chennai
Reviewed on 11th Jul 2018
4 / 5 stars
Yes Bank Loan Against Property Availed in Jun 2018

Thanks MyLoanCare.
Yes Bank persons cooperate very wellRead more...

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 7.05%.

    Invest Now
Yes Bank Loan Against Property News - Dec 2021
  • 2021-10-04 : Yes Bank Posts Growth in Loans and Deposits
    Yes Bank has posted growth of 3.6% (year-on-year) in advances at Rs 1,72,945 crore for the quarter ended September 2021 (Q2FY22). Its advances stood at Rs 1,66,923 crore at end of September 2020 (Q2FY21).
  • 2021-07-08 : Yes Bank loans, advances shrink marginally at Rs 1.63 lakh cr by end of June quarter
    Yes Bank loans and advances that include Personal Loan, Home Loan, Loan Against Property, Business Loan, Education Loan, Gold Loan, Car Loan and Top-up Loan, fell by a marginal 0.4% to Rs 1.63 lakh crore by the end of June 30, 2021, data from the bank showed on Monday. The loans and advances stood at Rs 1,63,914 crore as of June 30, 2021, as compared with Rs 1,64,510 crore in the year-ago period, registering a marginal decline of 0.4% on a year-on-year basis.
  • 2021-07-06 : Yes Bank - Loans, advances shrink in Q1 over Covid-19 impact
    Yes Bank loans and advances shrank in the Q1 FY22 on a year-on-year basis and also sequentially, reflecting the economic and business impact of the Coronavirus (Covid-19) pandemic. Sequentially, the loan book that includes Personal Loan, Home Loan, Loan Against Property, Business Loan, Education Loan, Two-wheeler Loan, Car Loan, Gold Loan, Doctor Loan, Mudra Loan, etc. contracted by 1.8% to Rs 1,63,914 crore at the end of June 2021 from Rs 1,66,893 crore in the previous quarter ended March 2021.
  • 2021-06-23 : Yes Bank aims to double retail loan book in 3 years
    Yes Bank aims to double their retail loan book that includes personal loan, business loan, home loan, loan against property, top-up loan, professional loan, personal loan, gold loan, car loan, consumer loan and mudra loan in the next three years. Their SME book has already improved to 51% from 44% last year with the target to reach around 60% in the next two years.
  • 2021-06-02 : Yes Bank revised its MCLR for the month of June
    Yes Bank changed its MCLR with effect from 1 June 2021. The overnight MCLR is 6.20%, MCLR for one month stands at 6.70%. The three months MCLR is 6.95%, and the rates for six months is 8%. Further, the one-year MCLR is 8.45%.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Loader
Please wait while your information is being processed...