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

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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
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  • 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.
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    MyLoanCare through its partner banks has a pan India reach and has delivered loans in over 1100 cities in India.
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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 - Feb 2019
  • 2019-02-21 : Dena Bank, Vijaya Bank merger with BoB to be effective April 1 news
    The merger of Bank of Baroda with Dena Bank and Vijaya Bank would be effective from April 1 as per the scheme of amalgamation approved by the government. Further, the banks will have a meeting on 11 March to issue and allot equity shares to these lenders as per the share exchange ratio decide earlier. The merger will allow the combined entity under BoB to have more lending power and building a better brand globally.
  • 2019-02-21 : Government infuses a capital of Rs. 9,086 crore in Corporation Bank news
    Earlier this week, the government has infused a capital of Rs. 48,239 crore in 12 public sector banks. Among those public sector lenders, corporation bank was the one to get the highest round of capital infusion with Rs. 9,086 crore of funding followed by Allahabad Bank with Rs. 6,896 crore. The funding will help them to build a strong growth in their working capital and a scope of improvement in its banking services to meet the demands of the customers.
  • 2019-02-20 : SBI launches Sahyog and Sampark programme for SMEs in Meerut news
    State Bank of India (SBI) has announced the launch of a 100-day campaign in the city Meerut for SMEs as well as MSMEs in the region. The SBI Chairman has also distributed 59 loan sanction letters to SMEs and MSMEs amounting to Rs. 14.54 crore during the campaign. In addition to this, the bank also has plans to further develop alternative loan options to facilitate the requirement of MSMEs.
  • 2019-02-15 : Banks step up lending to the corporate sector news
    The lenders including SBI, PNB and ICICI Bank are planning to increase their lending to the corporate sectors. SBI has reported a 20.67% growth in total corporate lending at Rs. 7.74 lakh crore as against Rs. 6.42 lakh crore in the same period last year. PNB also saw a 28% growth in medium enterprise loans, while ICICI Bank has witnessed a continued growth at 10% in domestic corporate lending, excluding restructured loans, among others.
  • 2019-02-15 : Bajaj Finance to infuse 10,000 crores into Bajaj Housing Finance in March news
    Bajaj Finance is set to infuse 10,000 crores into its wholly owned mortgage lending arm Bajaj Housing Finance during the month of March 2019. The funds granted to them will help them to further expand their housing finance business. The company also has plans to strengthen its housing and business loans portfolio this year with the rise in the number of home loan disbursements.
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