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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 (3,959 Reviews)
A
Arvind
Delhi
4.5 / 5.0  stars
Yes Bank Gold Loan Availed in Jan 2021

MyLoanCare customer executive was so good and understanding.

S
Sayantan
Mumbai
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Jan 2021

Excellent experience that I have obtained from the agency.

M
Muni
Bangalore
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Jan 2021

Good service and got my loan cleared within half an hour.

U
Uma
Tejpur
5 / 5.0  stars
HDFC Bank Personal Loan Availed in Jan 2021

Staff support was very excellent from HDFC and MyLoanCare.

R
Rama
Bangalore
5 / 5.0  stars
Bajaj Finserv Loan Against Property Availed in Jan 2021

Quick response and timely follow up. After I contacted them, I got my loan done in maximum 10 days.

K
Kiran
Mumbai
5 / 5.0  stars
Bajaj Finserv Loan Against Property Availed in Jan 2021

MyLoanCare is outstanding. I received loan amount within time limit. Excellent service and follow More

V
Vijay
Madurai
5 / 5.0  stars
LIC Housing Finance Loan Against Property Availed in Jan 2021

Fast processing from bank and good support from MyLoanCare.

A
Ashwini
Thane
5 / 5.0  stars
Bajaj Finserv Loan Against Property Availed in Dec 2020

Very good service. Bank service is also good and officers are very cooperative.

H
Himanshu
Ghaziabad
5 / 5.0  stars
Bajaj Finserv Home Loan Availed in Dec 2020

Best, excellent and reliable. Amazing service.

A
Akash
Indore
5 / 5.0  stars
Axis Finance Personal Loan Availed in Dec 2020

Good service and good executive to explain every point

K
Karthick
Coimbatore
5 / 5.0  stars
Yes Bank Gold Loan Availed in Dec 2020

It was a very seamless experience. The process took merely half a day once I contacted MyLoanCare si More

R
Rohit
Patna
5 / 5.0  stars
HDFC Bank Gold Loan Availed in Dec 2020

Great but one thing I want to say dont give interest before amount disbursal. All services are great More


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Current Interest Rates & APR
Current Interest Rates
Product Type Best Rate %*
Home Loan 6.75%
Loan Against Property 7.50%
Business Loan 13.50%
Personal Loan 10.40%
Professional Loan 13.00%
Gold Loan 9.90%
Two Wheeler Loan 11.60%
Doctor Loan 11.25%
Fixed Deposit 6.95%
*T&C Apply
Illustration of the total cost of a personal loan
  • Total amount borrowed: ₹ 1,00,000
  • Time period: 6 Months to 72 Months
  • Interest Rate: 10.40% to 24.00%
  • Processing Fee payable to: Upto ₹ 3,500
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From ₹ 1,873 for 72 Months ₹ 1,00,000 loan at 10.40% (lowest rate, longest time period) to ₹ 17,853 for 6 Months ₹ 1,00,000 loan at 24.00% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 10.98% to 24.58%
  • Total cost payable over loan tenure: ₹ 6,555 for 6 Months loan to ₹ 38,343 for 72 Months loan

Our News - Jan 2021
  • 20th Jan, 2021 : DA hike approved for government employees of Chhattisgarh, Delhi and West Bengal news
    Chhattisgarh, Delhi, West Bengal government hiked the dearness allowance of its employees. The Central government is also considering hiking the dearness allowance by 4% in January. This increase is expected to be based on the recommendations of the 7th Central Pay Commission.
  • 20th Jan, 2021 : SBI HDFC, ICICI, remain systemically important banks news
    RBI reiterated that the SBI, HDFC Bank and ICICI Bank continue to be the systematically important banks or SIBs of the country banking system. SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.
  • 20th Jan, 2021 : 41 crore Jan Dhan accounts opened under PMJDY news
    The Finance Ministry clarified that more than 41 crore people benefited PMJDY, a scheme striving for financial inclusion. As on January 6, 2021, the total number of Jan Dhan accounts stood at 41.6 crores.
  • 20th Jan, 2021 : IIFL Home Finance and Standard Chartered Bank joined hands for co-lending news
    IIFL Home Finance and Standard Chartered Bank joined hands for extending credit. It is one of the first co-lending partnership after Reserve Bank India’s co-lending guidelines were issued. Under this co-lending agreement, IIFL Home Finance Ltd and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance Ltd will service the customers through the entire loan life-cycle including.
  • 19th Jan, 2021 : Bank of Maharashtra reported Q3 profit up of ₹154 crore news
    Bank of Maharashtra reported a net profit of Rs. ₹154 crores in the third quarter ended December 31, 2020, against ₹135 crores in the year-ago quarter. Advances that include home, personal, car, two-wheeler and gold loan along with business and mudra loans increased by 12 per cent year-on-year to ₹1,04,904 crore. Further, deposits which include FD and Rds increased by 14% to ₹1,61,971 crore. The share of the low-cost current account, savings account (CASA) deposits improved to 50.91% of total deposits from 50.51% in the preceding quarter.