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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 (3,685 Reviews)
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Aug 2020

Excellent service. The rate of interest is accurate. Highly recommended.

5 / 5.0  stars
ICICI Bank Home Loan Availed in Sep 2020

Quick and smooth process. Dhinkaran and Mansi were very helpful. They resolved all our queries and f More

4 / 5.0  stars
Axis Bank Home Loan Availed in Jan 2020

Good and quick service. I was able to get updates very soon.

P
Pratit
Surat
4 / 5.0  stars
IndusInd Bank Personal Loan Availed in Apr 2019

Overall experience good from MyLoanCare but not from banks side.

S
Sayantan
Bangalore
5 / 5.0  stars
ICICI Bank Personal Loan Availed in Sep 2020

Shubham from MyLoanCare was very helpful throughout the whole tenure from application to disbursemen More

5 / 5.0  stars
HDFC Bank Gold Loan Availed in Sep 2020

Good.

S
Sunil
Valsad
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Sep 2020

Mr Anuj has done his job convincingly and I am happy to get in touch with him. Got my work done in l More

B
Brahma
Cuddapah
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Sep 2020

Thanks to MyLoanCare. I got the loan approval in a very short time with the help of MyLoanCare team.

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

Very good service from MyLoanCare, got home loan transferred to ICICI Bank with a good rate of inter More

5 / 5.0  stars
HDFC Bank Gold Loan Availed in Sep 2020

Good job and great efforts. Keep it up, loved your services. Hats off to the entire team.

5 / 5.0  stars
SBI Home Loan Availed in Sep 2020

I am very happy with the service which MLC provides. The coordinator Mansi Goyal was actively involv More

P
Paramasivan
Kanchipuram
4.5 / 5.0  stars
HDB Financial Personal Loan Availed in Dec 2018

They helped me in an emergency situation. Got loan in a few days from when I applied.


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 7.75%
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 - Sep 2020
  • 22nd Sep, 2020 : SBI offers up to 2 years repayment relief for home and retail loans news
    State Bank of India announced the option to choose either a moratorium of up to 24 months or reschedule the instalments and extend the tenure by a period equivalent to the moratorium granted, for its retail customers. ​​​The bank is aiming to assist the customers amid the COVID 19 and economic slowdown.
  • 22nd Sep, 2020 : IDBI Bank revised its MCLR news
    With effect from 12 September 2020, IDBI Bank revised its marginal cost of lending rates. The overnight, one-month and three months MCLR is 7.35%, 7.55% and 7.65%, respectively. The MCLR for six months and one year is 8.75% and 8.15%. Further, the MCLR for two and three years is 8.40% and 8.75%.
  • 22nd Sep, 2020 : Revised MCLR for Federal Bank news
    Federal Bank changed its MCLR. The overnight and one-month MCLR is 7.85% and 7.95%, respectively. The MCLR for three months stands at 8%. Further, the MCLR for six months and one year is 8.05% and 8.10%, respectively. The revised rates are effective from 16 September 2020.
  • 22nd Sep, 2020 : Kotak Bank revised its MCLR news
    With effect from 16 September 2020, Kotak Bank revised its MCLR. Overnight MCLR is 7.05%. The One-month and three months MCLR is 7.15%. Further, The MCLR for six months, one year and two years is 7.50%, 7.50% and 7.75%, respectively. The MCLR for the long tenors of three years is 7.85%.
  • 22nd Sep, 2020 : Axis Bank changed its MCLR news
    With effect from 18 September 2020, Axis Bank revised its MCLR. The overnight and one- month MCLR is 7.30%. The MCLR for three months, six months and one year is 7.40%, 7.45% and 7.50%, respectively. The lending rate for long tenors of two years and three years is 7.60% and 7.65%.