At MyLoanCare, our mission is to get you best deal for loans at your doorstep and with minimum effort. We bring you online comparison of loans of over 40 banks in India including SBI, PNB, ICICI Bank, HDFC, Axis, Citibank, OBC, Bank of India, Indian Bank, Bank of Baroda, Kotak Bank, SBBJ and HDFC Bank in a single window. Our research team works hard to ensure that you can easily find the most suitable bank loans for yourself.
You can compare personal loans
, home loans
, loan against property
, gold loans
, car loans
and education loans
the basis of interest rates, maximum eligibility, loan tenure, lowest EMI, processing fees and prepayment charges. You can easily calculate your loan eligibility with upto 3 co-applicants and your loan EMI using our loan calculators.
Taking a loan means a long term obligation to repay it and hence, we recommend you do a thorough research on the bank and the loan before deciding to avail it. Is the low interest rate being offered for real or is it just a gimmick? We bring you the past trend of benchmark base rate of all banks
so that you can check if your bank has been passing on the benefit of lower interest rates to its existing customers or not. We help you understand how your EMI on floating rate home loan or loan against property is likely to change in future.
We bring you special offers on personal loan s for salaried employees of select companies like TCS
, HCL Tech
Balance transfer of loan at lower interest rates has picked up significantly with withdrawal of prepayment and foreclosure charges by RBI and NHB. MyLoanCare is proud to have helped its customers save Rs. 98556874
by refinancing their loans at lower rates. You can now calculate your own savings online by using our home loan balance transfer interest savings calculator
. Refer to our useful tips for home loan balance transfer
to transfer your loan, including one on under construction property with minimum hassles.
We encourage borrowers to maintain a healthy credit profile
by paying all their loan EMI’s regularly. Our simple tips for maintaining a healthy credit profile
will help you ensure you don’t spoil your CIBIL report. We offer a unique Free CIBIL score calculator
(simulator) to help you estimate your credit score before you apply for a loan. Target a score of 750 or higher for best deals on loans.
In case you need to search your bank branch details use our Bank Branch Search feature. You can either search for the bank and branch details based on IFSC code
or search IFSC code based on bank and branch details
of all bank branches in India.
Circle rates (also called ready reckoner rates in Mumbai, Pune, Maharashtra) play an important role in property sale purchase transactions as statutory dues like stamp duty and registration charges are linked to circle rates. You can find the circle rates and stamp duty rates and charges for properties in metros like Delhi
Fixed deposits are still the preferred mode of savings in India. With decontrol of interest rates, FD interest rates of banks
tend to vary quote often. You may be surprised that rates offered tend to vary even amongst PSU banks. To make investing more rewarding, we now offer comparison of FD rates of banks online at one place. You can also use our FD calculators
to find the maturity amount of your FD.
|Maximum Annual Percentage Rate (APR)
||11.89% to 22.4%
|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: 11.49% to 22%
- Processing Fee payable to: Upto Rs. 2,000
- Fee payable to MyLoanCare: NIL
- Total Monthly Cost – From Rs. 2,199 for a months Rs. 100,000 loan at 11.49% (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: 11.89% to 22.4%
- Total cost payable over loan tenure: Rs. 14,313 for 12 months loan to Rs. 33,926 for 60 months loan