PNB vs Yes Bank Personal Loan — Which is Better in 2026?
PNB personal loan rate is 11.50% vs Yes Bank at 11.00%. Yes Bank is cheaper — you save roughly ₹119/month on a ₹5L, 3-year loan. Apply with the lower-rate bank first; a hard inquiry from one bank does not affect your CIBIL score significantly.
Last updated: April 6, 2026
PNB
11.50%
Interest rate p.a.
Yes Bank
11.00%
Interest rate p.a.
✓ Better dealPNB vs Yes Bank Personal Loan — Detailed Comparison
| Feature | PNB | Yes Bank |
|---|---|---|
| Interest Rate | 11.50% | ✓11.00% |
| Processing Fee | 1% (min ₹1,000) | 2.50% + GST |
| Tenure | 12 months – 6 years | 12 months – 5 years |
| Eligibility | Salaried/self-employed, 21-65 yrs | Salaried, 22-58 yrs, min net salary ₹25,000/month |
Interest Rate
PNB
11.50%
Yes Bank
11.00%
Processing Fee
PNB
1% (min ₹1,000)
Yes Bank
2.50% + GST
Tenure
PNB
12 months – 6 years
Yes Bank
12 months – 5 years
Eligibility
PNB
Salaried/self-employed, 21-65 yrs
Yes Bank
Salaried, 22-58 yrs, min net salary ₹25,000/month
Verdict
Yes Bank wins on personal loan rate (11.00%) against PNB (11.50%). Personal loan rates are highly credit-score-dependent — a CIBIL score above 750 can get you 1-2% lower than the advertised rate. Compare the actual APR (which includes processing fees) rather than just the interest rate before signing.
Calculate Your Exact EMI
Compare PNB vs Yes Bank EMI for your exact loan amount and tenure
Calculate your EMI →Frequently Asked Questions
Which bank offers cheaper personal loan — PNB or Yes Bank?+
Yes Bank offers a lower rate. PNB charges 11.50% p.a. while Yes Bank charges 11.00% p.a. On a ₹5L loan for 3 years, the cheaper rate saves you roughly ₹119/month.
Does applying for a personal loan at PNB and Yes Bank simultaneously hurt my CIBIL score?+
Each hard inquiry reduces your CIBIL score by 5-10 points. Apply to one bank first; if rejected, apply elsewhere. Use eligibility checkers (soft inquiries) before applying to avoid multiple hard pulls.
What is the minimum salary required for a personal loan from PNB?+
PNB typically requires a minimum net monthly salary of Salaried/self-employed, 21-65 yrs. Requirements vary by city and employer category. Employees of PSUs and listed companies often get preferential rates.
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Disclaimer: Interest rates shown are indicative as of April 2026 and subject to change without notice. Actual rates depend on your credit score, income, and bank policy. This is for informational purposes only and does not constitute financial advice. Always verify rates with the bank before applying.