Yes Bank vehicle loans compared
Every vehicle loan Yes Bank offers, with the figures it publishes. Where a figure is not published, ask for it in the Key Fact Statement before you apply.
| Loan | Published rate | Max tenure | Funding |
|---|---|---|---|
| Car Loan | Not published | 96* months | Up to 100% of on-road price |
| Used Car Loan | Not published | Not published | Zero down payment offered |
| Commercial Vehicle Loan | Not published | 60 months | 90% - 95% |
What kind of loan provider Yes Bank is
Yes Bank is a private sector bank. Private banks tend to approve and disburse quickly, often digitally or at the dealership, and cover a wide range of credit profiles. The spread between their lowest and highest rates can be wide, so the rate you are offered depends heavily on your credit score, income and the vehicle.
Private bank offering new and used car loans with up to 100% on-road funding and long tenures, plus commercial vehicle finance; it does not publish car loan rates on its product pages.
How to apply for a Yes Bank vehicle loan
- Check whether you have a pre-approved offer in your net banking or app; existing customers often get one.
- Get the dealer's proforma invoice with the on-road price.
- Apply online or at a branch with KYC, income proof and the invoice.
- Compare the Key Fact Statement with at least one other loan provider before accepting.
- After sanction the bank pays the dealer; its hypothecation is noted on the RC until the loan is closed.
Before you sign
- Get the Key Fact Statement (KFS). RBI requires loan providers to give you a KFS before you sign, showing the interest rate, all fees, the annual percentage rate (APR) and the total amount you will repay.
- Compare the APR, not the headline rate. A low rate with a high processing fee can cost more than a slightly higher rate with no fee.
- Ask about pre-closure charges. Fixed-rate vehicle loans often carry charges for paying early; floating-rate loans to individuals cannot.
- Check what is bundled. Insurance, extended warranty or accessories added to the loan raise the amount you pay interest on. You are free to buy insurance elsewhere.
- Make sure the hypothecation is recorded and later removed. The loan provider's name is noted on the registration certificate; after the last EMI, collect the NOC and get it removed at the RTO.
Compare with other loan providers
Other vehicle loans from Yes Bank:
Buying a used car? Read the used car loan guides
A second-hand car changes the rate, the tenure and the paperwork. These guides cover rates by loan provider, car age limits, valuation, down payment and RC transfer.
Frequently asked questions
Which vehicle loans does Yes Bank offer?
Car loan, used car loan, commercial vehicle loan, according to its website (checked 4 October 2026).
What is Yes Bank's lowest vehicle loan rate?
Yes Bank does not publish rates on its website that we could verify; ask for the Key Fact Statement.
Is Yes Bank safe to borrow from?
Yes Bank is regulated by the Reserve Bank of India. Apply only through its official website, app, branches or authorised dealers, and never pay an upfront fee to an agent.
Do I need an account with Yes Bank to get a vehicle loan?
Usually not, but existing customers often get faster approval and sometimes a better rate or a pre-approved offer.
How do I compare Yes Bank with other loan providers?
Ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount, not just the headline rate. Our loan provider comparison lists the published figures side by side.
KhatuLoans is not a loan provider and is not paid by the loan providers or brands named here to rank them. Rates, fees and prices change; always confirm with the loan provider and dealer. Read our editorial policy and how we make money.