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MyLoanCare Customer Ratings - 4.5/5.0

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Happy customers
Rated As   4.5/5.0 (3,007 Reviews)
Rizu Sooden
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Oct 2019

Very comfortable experience. Thanks for keeping it simple.

Roushan Kumar
5 / 5.0  stars
HDFC Bank Home Loan Availed in Sep 2019

MyLoanCare service was excellent. They provided proper follow-up and assistance on time.

Teena rani
4 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2019

The service was good and smooth. Although some issues were there in between but at last, I got the l More

Pradyumna Dutt
Bhubaneswar Cuttack
5 / 5.0  stars
ICICI Bank Personal Loan Availed in Oct 2019

Good service provided for opting for a personal loan. Communicated very well.

Prince Porwal
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2019

Quick response by the team. They were quite helpful in disbursing the loan. Staff support was also h More

Jayaprakash Gubbala
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Sep 2019

My experience with MyLoanCare was super good.

Pillai Prem Kumar
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Oct 2019

The bank employees were very helpful and thanks to MyLoanCare team.

5 / 5.0  stars
HDFC Bank Gold Loan Availed in Oct 2019

Good customer service. I am happy with it. HDFC Bank support team is also good.

Tapas Kumar
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2019

Good service. The coordination was satisfactory. I might use it in the future.

Chander Kant
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2019

Good experience. I will recommend it to others as well. Hari was awesome.

Madhina Basha
3.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Sep 2019

Took a personal Loan for transfer and closure of another Personal loan.

Omkaraswamy SM
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Oct 2019

Within a limited period, my loan was sanctioned and the response from relationship managers were too More

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Current Interest Rates & APR

Current Interest Rates
Product Type Best Rate %*
Home Loan 8.10%
Loan Against Property 8.70%
Business Loan 13.50%
Personal Loan 10.50%
Professional Loan 13.00%
Gold Loan 10.50%
Doctor Loan 11.25%
Fixed Deposit 8.70%
*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 2019
  • 10th Oct, 2019 : Revised Fixed Deposit rates for State Bank of India news
    Leading Public Sector Bank, State Bank of India, revised interest rates on fixed deposits. The revised rate for 7-45 days is 4.50%, for 46-179 days, the rate is 5.50%, and for 180-364 days, the rate is 5.80%. The rate for a longer tenure of 1-2 years is 6.40%, and for 2-10 years, it is 6.25%. The rates are effective from October 10, 2019
  • 10th Oct, 2019 : Indian Bank revises lending rates news
    Indian Bank revised its Marginal Cost of Funds Based Lending rates, with effect from 3 October 2019. The revised rate for an overnight tenure is 7.95%, for one month, the rate is 8.05%, the rate for three months is 8.20%, for six months the rate is 8.25%, and for one year it is 8.35%.
  • 10th Oct, 2019 : SBI reduces MCLR by 10 basis points news
    With effect from October 10, 2019, State Bank of India revised its lending rates, reducing them by 10 basis points. Revised MCLR for overnight and one month is 7.70%, for three months, it is 7.75%, and for six months it is 7.90%. For longer tenure of one, two, and three years, the rate is 8.05%, 8.15%, and 8.25%, respectively. The reduction is made keeping in mind the festive season ahead and in a bid to make retail loans cheaper and affordable.
  • 10th Oct, 2019 : SBI cuts down interest on a savings account news
    The State Bank of India reduced interest rates on savings account with balances of less than Rs 1 lakh. Previously the interest rate on a savings account was 3.5%, which is now reduced to 3.25%. The new interest rates will be in effect from November 1, 2019.
  • 10th Oct, 2019 : Punjab National Bank revises FD rates for October news
    Punjab National Bank revised interest on fixed deposits for the month of October. The revised interest rate for a period of 91-179 days is 5.55%, for 180 days to less than one year, the rate is 6.05%, the rate for 333 days is 6.15%, and from 1 year to 555 days, the rate is 6.60%. For longer tenure of above one year to up to 2 years, the rate is 6.50%, for two years and above up to 5 years, the rate is 6.35, and for above five years to up to ten years, the rate is 6.60%.