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MyLoanCare Customer Ratings - 4.5/5.0

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Happy customers
Rated As   4.5/5.0 (3,608 Reviews)
Saravanan Shanmugam
5 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Apr 2020

Excellent support and fast tracking with customer, keep it up.

Saranya Vijayakumar
4 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Mar 2020

The service was very fast. Also, the online executive were very supportive.

Manu KV
5 / 5.0  stars
Manappuram Gold Loan Availed in Jan 2019

I need urgent money. I have paid the loan amount and medical checkup is there.

Rakshit Jain
5 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Mar 2020

Really a great experience. Everything was too smooth.

Rishu Choudhary
4.5 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Mar 2020

Good help from representative. The interest rate was high but they helped in loan processing.

5 / 5.0  stars
HDFC Loan Against Property Availed in Mar 2020

Jitender gave on-time followup and response. Good problem solving and good support by MyLoanCare per More

Vishal Das
4 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Mar 2020

Thank you for the loan. It was quickly disbursed to my account.

Ragavendran Rajendra
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Mar 2020

HDFC representative was helpful and loan was provided in short time.

Aman Jain
4.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Mar 2020

Good service. I received all information from MyLoanCare executive, he helped me at all stages. Also More

Supriya S Nevge
4.5 / 5.0  stars
HDFC Home Loan Availed in Mar 2020

Overall experience is good. The one thing I did not feel good about was that my loan process took 2 More

Jyotibikash Pandab
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Mar 2020


5 / 5.0  stars
Indifi Business Loan Availed in Mar 2020

Good for taking loan for a new customer.

Choice Of Partners With Us

Assisted Digital Loan Process
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Bank Neutral Advice
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Free Service and
Quality Response
Digital + Doorstep
Delivery in 1100+

Current Interest Rates & APR
Current Interest Rates
Product Type Best Rate %*
Home Loan 7.15%
Loan Against Property 8.70%
Business Loan 13.50%
Personal Loan 10.50%
Professional Loan 13.00%
Gold Loan 10.50%
Two Wheeler Loan 10.00%
Doctor Loan 11.25%
Fixed Deposit 8.05%
*T&C Apply
Illustration of the total cost of a personal loan
  • Total amount borrowed: ₹ 1,00,000
  • Time period: 12 months to 60 months
  • Interest Rate: 10.99% to 22%
  • Processing Fee payable to: Upto ₹ 2,000
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From ₹ 2,174 for 60 months ₹ 1,00,000 loan at 10.99% (lowest rate, longest time period) to ₹ 9,359 for 12 months ₹ 1,00,000 loan at 22% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 11.39% to 22.4%
  • Total cost payable over loan tenure: ₹ 14,313 for 12 months loan to ₹ 32,424 for 60 months loan

Our News - Apr 2020
  • 7th Apr, 2020 : Gold rates touched record high prices news
    Gold rates increased for consecutive days and stand at Rs. 42, 520 per 10 gram for 24 carats as on 7 April 2020. The increasing streak in the gold prices will impact gold loan borrowers.
  • 7th Apr, 2020 : HDFC Bank revised MCLR news
    HDFC Bank changed its MCLR with effect from 7 April 2020. The overnight and one-month MCLR is 7.60% and 7.65%, respectively. The three months and six months, MCLR stands at 7.70% and 7.80%, respectively. Further, the MCLR for one year, two years and three years is 7.95%, 8.05% and 8.15%, respectively.
  • 7th Apr, 2020 : Borrowers to be considered under moratorium by default news
    Reserve Bank of India instructed the Banks and financial institutions to consider the borrowers under three months moratorium by default irrespective of their opting-in or otherwise. RBI is aiming to provide relief to borrowers amid the COVID- 19 and subsequent lockdown. It will impact retail loans like home, personal and car loans along with business loans.
  • 6th Apr, 2020 : The Central Government announced relief for its employees news
    The Central Government has announced the extension of the deadline for submission of the Annual Performance Review Report (APAR) from 15th April 2020 to 30th June 2020. The decision has been taken to provide respite to the employees amid the COVID-19 pandemic.
  • 6th Apr, 2020 : EPFO to accept Aadhaar as a birth proof news
    EPFO notified that it would accept Aadhaar card as the valid documents to rectify the date of birth of its subscribers, provided the difference between the DOB is three years. EPFO is aiming to ease the process of withdrawal amid the COVID-19 and subsequent lockdown.