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MyLoanCare Customer Ratings - 4.5/5.0

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Happy customers
Rated As   4.5/5.0 (3,227 Reviews)
Sumit Singh Saluja
4 / 5.0  stars
Axis Bank Home Loan Availed in Nov 2019

Good Experience with MyLoanCare and Axis Bank. Nitin and Nitesh helped me out with my queries and pr More

Amir Syed
5 / 5.0  stars
ICICI Bank Home Loan Availed in Nov 2019

Excellent service. Very proactive. Good options. I will recommend this to others.

Bijlesh Kesharwani
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Nov 2019

Thanks to MyLoanCare. You helped in my financial need. I will tell your importance to my friends.

Vinod Ramashray Yada
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Nov 2019

The support was very good. All the queries I had were solved quickly. Thank you.

Praful Kumar
4 / 5.0  stars
Kotak Bank Personal Loan Availed in Nov 2019

Nice followup provided on the loan process. They maintain good communication and allow tracking the More

Sandip Ghosh
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Nov 2019

Very good company and very speedy and smooth process

Shekhar Tapase
4 / 5.0  stars
HDFC Bank Personal Loan Availed in Nov 2019

Minimum paperwork, flexible processing, guide us for better Bank selection as per minimum interest r More

Srikansh Sahoo
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Nov 2019

Excellent and easy for getting loan with lower interest

Suresh Babu A
5 / 5.0  stars
Bajaj Finserv Personal Loan Availed in Nov 2019

All went well from application through closure as appropriate.

Suma R
4 / 5.0  stars
Kotak Bank Personal Loan Availed in Nov 2019

Overall it was a good experience. They were available for every kind of queries.

Navdeep Baggri
5 / 5.0  stars
ICICI Bank Personal Loan Availed in Nov 2019

Fantastic service. I would like to interact in the future also.

Pradeep Kumar
4.5 / 5.0  stars
HDFC Bank Personal Loan Availed in Nov 2019

I am satisfied with the service of MyLoanCare. If I faced any kind of issue, they immediately replie More

Choice Of Partners With Us

Assisted Digital Loan Process
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Bank Neutral Advice
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Quality Response
Digital + Doorstep
Delivery in 1100+

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%
Two Wheeler Loan 10.00%
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 - Dec 2019
  • 4th Dec, 2019 : ICICI Bank revised lending rates news
    With effect from December 1, 2019, ICICI Bank revised its Marginal Costs of Lending Rates. The new rate for overnight and one month period is 8.00%, and the rate for three months is 8.05%. Further, for long periods of six months and one year, MCLR is 8.20% and 8.25%, respectively.
  • 4th Dec, 2019 : Syndicate Bank plans to provide loan restructure facility to MSMEs news
    In a bid to make business loans more affordable for MSMEs, Syndicate Bank is set to offer loan restructuring facility to Micro, Small and Medium Enterprises (MSMEs). The facility will allow MSMEs to plan the repayment structure of the loan according to their convenience. Further, the offer will make MSME loans an attractive offer for buyers and will also help the bank strengthen its business loan portfolio.
  • 4th Dec, 2019 : Increase demand for Consumer Durable loans strengthened personal loans sector news
    Consumer Durable loans have been a big hit during the previous months, as per the latest reports published by RBI. However, the increase in demand was a reason for plenty of cashback, discounts, and rewards offered on this payment method. Also, various Banks in a bid to strengthen their personal loan segment through consumer durable loans offered various shopping discounts on their credit and debit cards.
  • 4th Dec, 2019 : Indian Bank MCLR remains unchanged for December news
    Indian Bank will continue with the same MCLR as the previous month, for December. MCLR for overnight period continues at 7.95%; for one month, it remains at 8.05%, and for three months, the rate remains at 8.20%. For six months and one year, MCLR continues at 8.25% and 8.35%, respectively.
  • 4th Dec, 2019 : LIC cuts down charges on Credit Card payments news
    With effect from December 1, 2019, Life Insurance Corporation cut down charges like convenience fees on payments through credit cards. The facility will be accessed across all payments systems like cardless payments, car dips, and point of sales. The major life insurance corporation claimed the move would promote digital payments in the country.