MyLoanCare is a FREE of cost service for borrowers

Get Cashback of Upto ₹5,000* on Loans Apply Online

MyLoanCare Customer Ratings - 4.5/5.0

Home Banner

India’s Most Trusted Online Loans Marketplace

4466101
Happy customers
4.5/5.0
Rated As   4.5/5.0 (3,501 Reviews)
S
Sanjeev kumar
Bhubaneswar Cuttack
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Jan 2020

It was hassle-free but took over a week due to document issues. MyLoancare people followed up with m More

M
Manjunath Mulagundamath
Bangalore
4.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

Good service. They updated the loan status on-time.

S
SRIDHAR Annem
Medak
4.5 / 5.0  stars
HDFC Home Loan Availed in Feb 2020

Good service by MyLoanCare service provider and also HDFC loan person

K
Kunal Sachdeva
Delhi
3 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

It was a good experience but there should not be any hidden terms and conditions

B
Baskaran A
Coimbatore
4 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

Good customer support. I got loan amount very easy and quickly

S
Shriya Sudhir Guddak
Bangalore
4.5 / 5.0  stars
Kotak Bank Personal Loan Availed in Feb 2020

The most helpful service I have ever received.

T
Tribhuvan Rao
Bangalore
3.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

Good but only some banks are not charging any processing fee.

S
Suman Sa
Chennai
4 / 5.0  stars
IndusInd Bank Personal Loan Availed in Jan 2020

Good response from the site, but got less amount disbursed than the expectation.

S
Srishti Raj
PANCHKULA
4.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

Personal loan disbursed on time on best terms and at best interest rate of 11%. Though it involved n More

D
Dev Kant Singh
Motihari
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Feb 2020

Good service by the representative who called me. I will always be thankful to him.

K
K R Ashok Kumar
Bangalore
4 / 5.0  stars
Kotak Bank Personal Loan Availed in Feb 2020

They took almost 10 days for the process and for document verification.

D
D VINODH
Chennai
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Feb 2020

Great and fast loan process and disbursement. Hassle-free loan process. 😊


Choice Of Partners With Us

Assisted Digital Loan Process
Main Video
Bank Neutral Advice
No Unsolicited
Calls
Free Service and
Quality Response
Digital + Doorstep
Service
Delivery in 1100+
Cities
Attractive
Cashback

Current Interest Rates & APR

Current Interest Rates
Product Type Best Rate %*
Home Loan 7.90%
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 8.35%
*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 - Feb 2020
  • 21st Feb, 2020 : IT department introduced instant PAN card facility news
    Income Tax department launched a new facility for taxpayers allowing them to get an instant PAN card instantly without any cost. The PAN card is issued in a PDF format. The government through this is striving to ease the allotment of PAN cards.
  • 21st Feb, 2020 : RBI introduced five years of financial inclusion strategy news
    Reserve Bank Of India unveiled a national strategy for financial inclusion 2019-2024. The plan includes increasing banking outlets of commercial banks and strengthening digital financial services. It is striving to provide retail loans like home and personal loans and business loans to the poorest and middle sections of the society.
  • 21st Feb, 2020 : South Indian Bank revised its lending rates news
    South Indian Bank changed its MCLR . The overnight and one-month MCLR is 8.30% and 8.35%. MCLR for three months, six months and one year stand at 8.45%, 8.65% and 9%, respectively. The revised rates are in effect from 20 February 2020.
  • 21st Feb, 2020 : RBL Bank revised its MCLR. news
    The overnight and one-month MCLR is 8.90%. The lending rate for three months is 9.05%, which was 9.10% earlier. The six months and one-year MCLR stands at 9.25% and 9.55%. The revised rates will be effective from 22 February 2020.
  • 21st Feb, 2020 : South Indian Bank revised FD rates news
    With effect from 21 February 2020, South Indian Bank revised its FD rates. The fixed deposit rate for 7 to 45 days is 4%, for 46 to 90 days it is 5.50% and it is 5.70% for 91 days. Fixed deposit rates for 92 to 180 days is 5.75%, for 181 days to less than 1 year is 6% and one year to less than 2 years is 6.40%. Further, the FD rate for two years is 6.55% and above two years to up to and including ten years is 6.40%.