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MyLoanCare Customer Ratings - 4.5/5.0

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Happy customers
4.5/5.0
Rated As   4.5/5.0 (3,772 Reviews)
K
Ketan
Vadodara
4.5 / 5.0  stars
Yes Bank Personal Loan Availed in Oct 2020

Good service provider by MyLoanCare. Must try the benefits.

S
Soujanya
Hyderabad
4.5 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Oct 2020

Timely follow up. Happy to go to MyLoanCare. Keep it up.

S
Sankalp
Lucknow
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Oct 2020

Good service but it took five hours. The staff was good and responsive.

D
Divyanshi
Pune
4 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2020

The experience was good. They were constantly providing follow-up.

S
Suhas
Mumbai
4 / 5.0  stars
HDFC Bank Personal Loan Availed in Jul 2020

Nice experience. Very supportive staff with easy and fast processing.

P
Pankaj
Banda
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Sep 2020

MyLoanCare service is best for personal loan.

J
Jalapathi
Hyderabad
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Aug 2020

Good service provided by Pinky. It was a wonderful experience.

B
BIRAL
Anand
4.5 / 5.0  stars
HDFC Bank Gold Loan Availed in Sep 2020

Very nice service. Time saving and fastest service. I really appreciate.

R
Rohit
Jamshedpur
5 / 5.0  stars
Yes Bank Personal Loan Availed in Oct 2020

It was a pleasant experience with MyLoanCare and Yes Bank.

A
Ashutosh
Pune
5 / 5.0  stars
ICICI Bank Home Loan Availed in Aug 2020

Excellent service provided by Mr. Waseem. I really appreciate.

S
Sheetal
Thane
5 / 5.0  stars
HDFC Home Loan Availed in Aug 2020

Very nice and helpful. Everything was sorted out with ease.

D
Debashis
Faridabad
4 / 5.0  stars
ICICI Bank Home Loan Availed in Aug 2020

MyLoanCare executive Mr. Wasim was very supportive.


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 6.95%
Loan Against Property 7.90%
Business Loan 13.50%
Personal Loan 10.45%
Professional Loan 13.00%
Gold Loan 9.90%
Two Wheeler Loan 11.60%
Doctor Loan 11.25%
Fixed Deposit 7.35%
*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 - Oct 2020
  • 30th Oct, 2020 : Bank of Baroda Q2 profit surges 128% news
    Bank of Baroda reported a net profit of ₹1,679 crores for the quarter ending 30 September. Net interest income during the quarter grew by 6.8% to ₹7,508 crores. The consolidated net profit stood at ₹1,771 crores in the September quarter. Further, the advances backed by retail loans like home, personal, car, two-wheeler and gold loans along with business and mudra loans increased by 5.3%. CASA ratio increased to 39.78%, up by 190 bps year-on-year.
  • 30th Oct, 2020 : Axis Bank reported a net profit of ₹1,623 crores in Q2 news
    Axis Bank reported a net profit of ₹1,682.67 crores in the Q2 of FY21, as against a loss of ₹112 crores in the same period last year. The net interest income increased 20% y-o-y to ₹7,326 crore and its net interest margin (NIM) stood at 3.58%. Further, retail loans which include home, personal, gold, two-wheeler, gold and car loan grew 12% y-o-y to ₹3.05 trillion, accounting for 53% of the net advances of the bank.
  • 30th Oct, 2020 : AU Small Finance Bank Q2 net profit up 87% news
    AU Small Finance Bank net profit in the September quarter of the current fiscal year rose by 14% to Rs 196 crore. The Bank had reported a net profit of Rs 172 crore for the corresponding quarter of 2019-20. Deposits which includes fixed and recurring deposits increased by 22% to Rs 26,980 crore. In addition to this, advances which include retail loans like home, personal, car, two-wheeler and gold loans along with business and mudra loans were up by 10% to Rs 27,233 crore.
  • 30th Oct, 2020 : Gold-loan NBFC expected to see18% growth in AUM in FY21 news
    CRISIL reported that Gold loan non-banking finance companies (NBFCs) will see a 15-18% growth in assets under management in fiscal 2021. The proportion of gold loans is likely to increase with the increase in economic activity after the lockdown due to pandemic.
  • 30th Oct, 2020 : SBI partners with global education platform edX news
    State Bank of India entered into a partnership with global non-profit education platform-edX to offer Massive Open Online Courses on the platform from November 2020. The partnership is aiming to develop skill sets of career-oriented individuals in today competitive world.