INDIA’S MOST TRUSTED ONLINE LOANS MARKETPLACE
2923729
Happy customers
4.4/5.0
- Over 2 Million
Registered Users - 1,100 + Locations
Served By Us - Loans from
25+ partner banks - Rated 4.4/5.0
By Customers - Online application,
quick processing - Transparent Loan
terms & conditions - Dedicated advisor +
doorstep service - attractive
cashbacks
MyLoanCare is Rated as
4.4/5.0
by 2,371 customers
by 2,371 customers
Choice Of Banks With Us
Lowest Loan Interest Rates
Current Interest Rates
| Loan Type | Lowest rate % |
|---|---|
| Home Loan | 8.60%* |
| Loan Against Property | 8.80%* |
| Business Loan | 13.50%* |
| Personal Loan | 10.75%* |
| Professional Loan | 13.00%* |
| Gold Loan | 10.50%* |
| FD | 9.10%* |
Online Eligibility and Loan Applications
Fast Processing Using Online Process
Quality Service at Your Doorstep
Loans with Flexible Options and Features
Best Offers on Retail Loans from Leading Banks and NBFC’s
Get Attractive Cashback Upto Rs. 5,000
Assisted Digital Loan Process
- 1 Lakh +
Queries Per Month - Over 2 Million
Registered Users - 1,100 + Locations
Served By Us - Rated 4.4/5.0
By Customers - 15 Million + Website
Visitors
Representative example of the total cost of the loan, including all applicable fees
Here is an illustration of the total cost of the loan:
- Total amount borrowed: Rs. 100,000
- Time period: 12 months to 60 months
- Interest Rate: 10.99% to 22%
- Processing Fee payable to: Upto Rs. 2,000
- Fee payable to MyLoanCare: NIL
- Total Monthly Cost – From Rs. 2,174 for a months Rs. 100,000 loan at 10.99% (lowest rate, longest time period) to Rs. 9,359 for a 12 months Rs. 100,000 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: Rs. 14,313 for 12 months loan to Rs. 32,424 for 60 months loan
Our News - Apr 2019
- 2019-04-18 : United Bank of India cuts MCLR by 5 basis points
United Bank of India has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenors for the month of April. The move is supposed to make home loans and mortgage loans cheaper. Now for 3 months, the MCLR stands at 8.45% as compared to 8.50% earlier while for 6 months, the rate has been revised to 8.55% from 8.60% respectively and for 1 year the rate now stands at 8.80% from 8.85% earlier. The revised rates are effective from April 18, 2019. - 2019-04-18 : Axis Bank cuts MCLR by 10 basis points Axis Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenors for the month of April. The move is supposed to make home loans and mortgage loans cheaper. Now for overnight and One month, the MCLR stands at 8.43% as compared to 8.45% earlier while for 1 year the rate now stands at 8.80% from 8.90% earlier. The revised rates are effective from April 18, 2019.
- 2019-04-18 : ICICI Bank launches insta car, two-wheeler loans ICICI Bank has announced two new schemes for instant approval of car and two-wheeler loans in a digital and paperless manner. The Insta Auto Loan facility would allow pre-approved customers to avail of the final sanction letter of a car loan instantly for amounts up to Rs. 20 lakh, for a tenure of up to 7 years. While, Insta Two-Wheeler Loan, offers over 1.2 crore pre-approved customers the facility to get instant sanction of loan up to Rs. 2 lakh for a tenure of up to 3 years.
- 2019-04-18 : Punjab & Sind Bank revises MCLR by 5 basis points Punjab & Sind Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenors for the month of April. The move is supposed to make home loans and mortgage loans cheaper. Now for overnight, the MCLR stands at 8.35% as compared to 8.30% earlier while for 1 month, the rate has been revised to 8.45% from 8.40% respectively and for 1 year the rate now stands at 8.85% from 8.80% earlier. The revised rates are effective from April 18, 2019. Further, the base rate at 9.70% and BPLR at 14.00% remains unchanged.
- 2019-04-18 : Womens are taking lead in buying homes, shows TransUnion CIBIL report As per the 2019 TransUnion CIBIL report, shows that more number of womens are buying home as compared to male members. The rise in the number of buying more houses by womens is due to availability of preferential home loan schemes and convenience of co-borrowing. However, there has also been a rise in the number of successful credit applications by women borrowers which has marked a 48% growth between 2015 and 2018 as compared to 35% growth by male borrowers.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. MyLoanCare is an independent professional service provider and is not related to the government or government bodies or any regulator or any credit information bureau in any way. Information carried at this website is not and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not undertake any liability with respect to the correctness of the content, information and calculations. Information is subject to change without notice. By submitting your query or using any tools or calculators, you authorize MyLoanCare to share your information with lender(s), consent for such lender(s) to access your credit information report and contact you regarding your query overriding your number being in National Do Not Call Registry. This is a free service and no charges are payable by the borrower to MyLoanCare. The Company may receive remuneration from lenders for services provided to them.
- Over 2 Million
Registered Users - 1,100 + Locations
Served By Us - Loans from
25+ partner banks - Rated 4.4/5.0
By Customers - Online application,
quick processing - Transparent Loan
terms & conditions - Dedicated advisor +
doorstep service - attractive
cashbacks