Business Loan Customer Reviews

Average Business Loan Customer Rating 3.9/5 by 19 customers
  • Interest Rate
    3.7/5.0
  • Bank Charges
    3.6/5.0
  • Pre-sales Services
    4.1/5.0
  • Post-sales Services
    4/5.0
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Business Loan Reviews

RAJAT MAHESHWARI , Reviewed on 24th Oct 2018
4.8 / 5 stars

GREAT SERVICE

HDFC Bank Business Loan Availed in Aug 2018

VERY GOOD SERVICES AND SUPPORT STAFF OF MYLOANCARE Read more...

Arjun Rathore , Indore Reviewed on 01st Sep 2018
4 / 5 stars

Excellent Service

Tata Capital Business Loan Availed in Aug 2018

Piyush and Mafi really worked well to get this wor Read more...

Aditya Pandey , Indore Reviewed on 30th Jul 2018
5 / 5 stars

Mr Ankur is Highly professional, knowledgeable and responsive.

HDFC Bank Business Loan Availed in Jul 2018

Conversing and sharing the details with Mr Ankur i Read more...

Shrikanth , Hyderabad Reviewed on 30th Jul 2018
5 / 5 stars

Good and fast process

Lendingkart Business Loan Availed in Jul 2018

Good and fast process. Thanks for MyLoanCare. Help Read more...

Rahul Mishra , Reviewed on 13th Jun 2018
5 / 5 stars

Interest Rate

Lendingkart Business Loan Availed in Apr 2018

very good services received from my loan care, AND Read more...

hibond petroleum , Rajkot Reviewed on 16th Mar 2018
5 / 5 stars

Experience with Mafi Devi

HDFC Bank Business Loan Availed in Mar 2018

Experience with Mafi Devi is very good and I am 10 Read more...

Nishtha Sachdev , Pune Reviewed on 29th Oct 2017
3 / 5 stars

Business loan

Jammu And Kashmir Bank Business Loan Availed in Oct-18

I availed a business loan from J&K Bank as i also Read more...

Anand Venkatesulu , Bangalore Reviewed on 26th Sep 2017
3.3 / 5 stars

Good

Lendingkart Business Loan Availed in Sep-17

It was good Service Provided by My Loan Care but I Read more...

Shruti Sharma , Chandigarh Reviewed on 11th Jun 2017
4 / 5 stars

Good

Ujjivan Business Loan Availed in Oct-18

I have a woking current account with Ujjivan and i Read more...

Farhin Ahmed , Dibrugarh Reviewed on 24th Mar 2017
5 / 5 stars

Very much happy and satisfied with the loan which I applied

Bank of Baroda Business Loan Availed in Mar-17

Thanks a lot for the helping hand which is provide Read more...

Rajesh Chauhan , Bhiwadi Reviewed on 19th Mar 2017
3.3 / 5 stars

Good Service

Bajaj Finserv Business Loan Availed in

Got loan with best rates and processing fee. Pre s Read more...

Harinder Singh , Chandigarh Reviewed on 11th Feb 2017
3.8 / 5 stars

Overall experience was good

Karur Vysya Bank Business Loan Availed in

Loan was processed on time and transparency mainta Read more...

Shekhar Rao , Bangalore Reviewed on 03rd Feb 2017
3.5 / 5 stars

Good Service

Fullerton India Business Loan Availed in

Prompt service.Helped me in getting the applied lo Read more...

Kritika Raut , Mumbai Reviewed on 08th Jan 2017
3.5 / 5 stars

Satisfied with the process

Capital First Business Loan Availed in

Good customer service. High interest rates but sat Read more...

Dheeraj Gupta , Faridabad Reviewed on 29th Dec 2016
3.3 / 5 stars

Overall good service but rates a bit high

PNB Business Loan Availed in

Fast processing of loan but interest rates are a b Read more...

Shiva Pal , Hyderabad Reviewed on 16th Dec 2016
3.5 / 5 stars

Average Service

Bajaj Finserv Business Loan Availed in

OK. Took loan from bajaj Read more...

Devender Goyal , Delhi Reviewed on 09th Dec 2016
3.3 / 5 stars

Average Service

Karur Vysya Bank Business Loan Availed in

Availed loan at competitve rates. The customer ser Read more...

Sathish Kumar , Bangalore Reviewed on 23rd Nov 2016
3.8 / 5 stars

Good Service

ICICI Bank Business Loan Availed in

Helped throughtout the loan process but processing Read more...

Balaji Subramanium , Chennai Reviewed on 10th Oct 2016
2.8 / 5 stars

Average Service

ICICI Bank Business Loan Availed in

Processing fee is very high but overall experience Read more...

Madhav Jha , Patna Reviewed on 13th Aug 2016
4 / 5 stars

Great experience with bank and myloancare

PNB Business Loan Availed in

The interest rates are good and all over processin Read more...

Arvind Dixit , Pune Reviewed on 26th Jul 2016
3 / 5 stars

Average Service

Fullerton India Business Loan Availed in

Rates offered and processing fee charged was highe Read more...

Sumit Raghav , Gurgaon Reviewed on 08th May 2016
3.8 / 5 stars

Overall Good Service

Bajaj Finserv Business Loan Availed in

Got loan with best rates and processing fee. Bank Read more...

Suresh gamare , Mumbai Reviewed on 05th Apr 2016
4 / 5 stars

Review

HDFC Bank Business Loan Availed in Mar-17

excellent and fast loan proessing with no hidden c Read more...

Sachin Deshpandey , Mumbai Reviewed on 04th Apr 2016
3.5 / 5 stars

SBI business loan

SBI Business Loan Availed in Apr-17

Bank kept to its promise in terms of interest rate Read more...

Read More Reviews

MyLoanCare Assurance

Baat Aapke Interest Ki

Customer Ratings - 4.3/5.0

  • Bank Neutral Advise
    MyLoanCare works with 24+ partner banks and uses technology to filter out the best loan offers.
  • No Unsolicited Calls
    MyLoanCare will call only after you authorize us to contact you.
  • Free Service and Quality Response
    You will be assisted by a dedicated loan advisor throughout the loan process.
  • Digital + Doorstep Service
    MyLoanCare assures hassle free loan process with an option to upload documents digitally or manually at your doorstep.
  • Delivery in 1100+ Cities
    MyLoanCare through its partner banks has a pan India reach and has delivered loans in over 1100 cities in India.
  • Attractive Cashback
    MyLoanCare offers complimentary cashback of up to Rs. 2,500* to its customers after loan disbursement.
Apply Business Loan

Illustration on Business Loan

Maximum Annual Percentage Rate (APR)13.50% to 22%
Representative example of the total cost of the loan, including all applicable fees
Here is an illustration of the total cost of the loan:
  • Total amount borrowed: Rs. 1 Lakh
  • Time period: 12 months to 60 months
  • business Loan Interest Rate: 13.50% to 22%
  • Processing Fee payable : Upto Rs. 2,000
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From Rs. 2,301 for a months Rs. 1 Lakh loan at 13.50% (lowest rate, longest time period) to Rs. 9,359 for a 12 months Rs. 1 Lakh loan at 22% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 13.50% to 22%
  • Total cost payable over loan tenure: Rs. 14,313 for 12 months loan to Rs. 40,059 for 60 months loan
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Business Loan News - Dec 2018
  • 2018-12-12 : SBI plans to disburse Agri loans digitally news
    In a bid to provide digital loans to the farmers, State Bank of India (SBI) has announced that soon it is going to roll out this service to provide convenience to the farmers. For this purpose, the bank has also tied up with some of the fin-tech lenders to keep the land record of farmers.
  • 2018-12-11 : ICICI Bank introduces Money Coach news
    Private sector lender, ICICI Bank has recently introduced Money Coach, India’s first and only software robotics algorithm-led investment advisory application on mobile. Money Coach will enable customers to analyse their customer’s financial transactions, financial health report keeps an eye on the credit card usage and evaluation of their capability to repay personal, home and business loans.
  • 2018-12-10 : SBI hikes FD rates, loans to get costlier news
    Recently, SBI has raised interest rates on fixed deposit (FD) by 15-80 basis points (bps) in 2018 across select maturities. The hike in the respective FD rates will result in the increasing interest rates on home loans, business loans and personal loans due to a high rate of returns on loans.
  • 2018-12-07 : SBI looking to buy NBFC loans to fulfill priority sector commitments news
    State Bank of India (SBI) is looking forward to purchasing loans from NBFCs to fulfil their priority sector commitments. The bank’s chairman said that the growth in FY19 will be in-line with industry growth. Currently, its loan growth stands at 14 percent and industry growth rate at 15 percent. It has further plans to achieve strong growth in savings deposit and loans portfolio.
  • 2018-12-05 : SBI to look after retail expansion strategy news
    State Bank of India (SBI) is looking forward to further expand its retail growth including business loans and personal loans. The bank is also planning to buy a portfolio of assets from several NBFCs in housing, MSME and microfinance space, which will help boost its loan book.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. MyLoanCare is an independent professional service provider and is not related to the government or government bodies or any regulator or any credit information bureau in any way. Information carried at this website is not and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not undertake any liability with respect to the correctness of the content, information and calculations. Information is subject to change without notice. By submitting your query or using any tools or calculators, you authorize MyLoanCare to share your information with lender(s), consent for such lender(s) to access your credit information report and contact you regarding your query overriding your number being in National Do Not Call Registry. This is a free service and no charges are payable by the borrower to MyLoanCare. The Company may receive remuneration from lenders for services provided to them.
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