Running a business requires quick and easy access to funds. Yes Bank offers multiple business loan programs tailored to different needs—whether you’re a small business, a growing enterprise, or a property owner earning rental income.
Here’s a simple breakdown of Yes Bank’s business loan policies to help you choose the best option:
1. Banking Surrogate Loan (For Businesses with Strong Banking History)
✅ Loan Amount: ₹5 Lakhs – ₹30 Lakhs
✅ Tenure: 12 to 36 months
✅ Eligibility Based On: Average Bank Balance (ABB)
Who Can Apply?
✔ Business vintage: 3+ years
✔ Minimum turnover: ₹1 Cr. (or ₹50 Lakh credits in last 6 months)
✔ Average Bank Balance (ABB): ₹1 Lakh/month (last 6 months)
✔ ITR Income: ₹2.5 Lakhs (latest ITR required)
✔ Age: 22 – 68 years
How is Loan Eligibility Calculated?
🔹 Formula: *(Average Bank Balance ÷ 4) ÷ Per Lakh EMI = Loan Eligibility*
🔹 Existing loans with less than 12 months vintage will affect eligibility.
Documents Required:
- Bank statements (last 12 months)
- Latest ITR with income computation
- Business proof (GST, Shop Act, etc.)
2. Cash Profit Method (For Profitable Businesses with Strong Financials)
✅ Loan Amount: ₹5 Lakhs – ₹75 Lakhs
✅ Tenure: 12 to 48 months
✅ Eligibility Based On: DSCR (Debt Service Coverage Ratio) or Profit Multiplier
Who Can Apply?
✔ Business vintage: 3+ years (2.5 years for loans up to ₹25 Lakhs)
✔ Minimum turnover: ₹1 Cr. (Max ₹150 Cr.)
✔ DSCR requirement: 1.0 (1.25 for ₹75 Lakh loans)
✔ Age: 22 – 68 years
How is Loan Eligibility Calculated?
🔹 DSCR Formula: (Profit After Tax + Depreciation + Salaries + Interest) ÷ (EMIs + Loan Interest)
🔹 Multiplier Formula: (2.5 x Adjusted Profit) – Existing Loan EMIs
Documents Required:
- Last 6 months bank statements
- Last 2 years’ ITR with financials
- Business registration proof
3. Rental Surrogate Loan (For Property Owners Earning Rental Income)
✅ Loan Amount: ₹5 Lakhs – ₹20 Lakhs
✅ Tenure: 12 to 36 months
✅ Eligibility Based On: Rental Income (Residential/Commercial)
Who Can Apply?
✔ Minimum rental income:
- ₹40,000/month (Residential)
- ₹75,000/month (Commercial)
✔ Rental stability: 2+ years (verified via rent agreement & bank statements)
✔ Age: 22 – 68 years
How is Loan Eligibility Calculated?
🔹 FOIR (Fixed Obligation to Income Ratio):
- 50% of rental income (if ₹40K–₹1L)
- 65% of rental income (if above ₹1L)
Documents Required:
- Rent agreement
- Bank statements (last 12 months)
- Property ownership proof
4. GST-Based Loan (For Businesses with Strong GST Returns)
✅ Loan Amount: Up to ₹50 Lakhs
✅ Tenure: 12 to 48 months
✅ Eligibility Based On: GST Turnover & Profit Margin
Who Can Apply?
✔ Business vintage: 3+ years
✔ Minimum turnover: ₹1 Cr. (Max ₹150 Cr.)
✔ ITR Income: ₹2.5 Lakhs
✔ Age: 22 – 68 years
How is Loan Eligibility Calculated?
🔹 Formula: (Turnover x Gross Profit Margin x 70%) ÷ 12 – Existing EMIs
Documents Required:
- Last 6 months bank statements
- 12 months GST returns
- Latest ITR with financials
5. Repayment Surrogate Loan (For Existing Home/Loan Against Property Borrowers)
✅ Loan Amount: ₹2 Lakhs – ₹20 Lakhs
✅ Tenure: Flexible
✅ Eligibility Based On: Existing Loan Repayment History
Who Can Apply?
✔ Must have an existing Home Loan/LAP (₹30L+ with 12+ months vintage)
✔ Business vintage: 3+ years
✔ ITR Income: ₹2.5 Lakhs
✔ Age: 25 – 65 years
How is Loan Eligibility Calculated?
🔹 10% of existing loan amount or ₹20 Lakhs (whichever is lower)
Documents Required:
- Last 6 months bank statements
- Udyam registration
- Latest ITR & GST return
Why Choose Yes Bank for Business Loans?
✔ Multiple loan options to suit different business needs
✔ Quick approval & disbursal
✔ Flexible repayment terms
✔ Minimal documentation for select programs
📞 Contact Us today to get the right funding for your business!
