Business Loan Customer Reviews

Average Business Loan Customer Rating 4.1/5 by 21 customers
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    4.1/5.0
  • Banks Service
    4/5.0
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Business Loan Reviews

Sri fuels , Coimbatore Reviewed on 02nd Apr 2019
4 / 5 stars

Lendingkart Business Loan Availed in Mar 2019

MyLoanCare has been very helpful and coordinating Read more...

Dr mandeep singh shekha , Jaipur Reviewed on 02nd Mar 2019
5 / 5 stars

Yes Bank Business Loan Availed in Mar 2019

Excellent job and quick response both sides thanks Read more...

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

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
5 / 5 stars

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

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

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

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

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

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
4 / 5 stars

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

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

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 / 5 stars

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
4 / 5 stars

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
4 / 5 stars

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
4 / 5 stars

Capital First Business Loan Availed in

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

Dheeraj Gupta , Faridabad Reviewed on 29th Dec 2016
3.5 / 5 stars

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

Bajaj Finserv Business Loan Availed in

OK. Took loan from bajaj Read more...

Devender Goyal , Delhi Reviewed on 09th Dec 2016
3 / 5 stars

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
4 / 5 stars

ICICI Bank Business Loan Availed in

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

Balaji Subramanium , Chennai Reviewed on 10th Oct 2016
3 / 5 stars

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

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

Fullerton India Business Loan Availed in

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

Sumit Raghav , Gurgaon Reviewed on 08th May 2016
4 / 5 stars

Bajaj Finserv Business Loan Availed in

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

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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
    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 - Apr 2019
  • 2019-04-12 : SBI to disburse 2 lakh MSME loans in FY20 news
    State Bank of India (SBI) has told that it is planning to disburse 2 lakh MSME loans during the FY20. For this purpose, the lender has signed a co-origination loan agreement with PAISALO, a leading non-deposit-taking NBFC registered with the Reserve Bank of India (RBI). Through their alliance, a platform will be introduced where MSME loan ticket is designed at Rs. 10,000 to Rs. 2 lakh.
  • 2019-04-11 : Kotak Mahindra Bank to focus on SMEs to expand news
    Private sector lender, Kotak Bank is planning to expand its corporate loan book. From now onwards, the bank will focus on working capital disbursements and growth financing. The lender aims to expand SME Loans by 15% to 20% during this financial year.
  • 2019-04-11 : Getting loans from SBI to become easy in smaller towns, villages news
    Getting loans from SBI has become easy for those people who live in remote locations. For this purpose, the bank has joined hands with NBFC, Paisalo Digital Limited to disburse loans to MSME segment and small businesses. As per the agreement with SBI, the loan ticket is designed at Rs. 10,000 to Rs. 2 lakh and Paisalo expects to disburse 2 lakh loan applications in FY20 through the platform.
  • 2019-04-10 : Bank of Baroda Q4 profit stands at Rs. 656 crores this year, says brokerage house Motilal Oswal news
    The brokerage house, Motilal Oswal is expecting the lender to report a net profit at Rs. 656 crores up by 39.4% quarter-on-quarter during this financial year. Its Net Interest Income (NII) is also expected to increase by 22.7% to Rs. 4,909.7 crore. The lender is also planning to grow its banking business by building a strong growth across its retail loans including personal loans, home loans and business loans segment this year.
  • 2019-04-09 : SBI and PAISALO to enable MSME segment with income generation loans news
    In a bid to empower the Agri, MSME segment and small businesses, the company, PAISALO has signed the first co-origination loan agreement with State Bank of India (SBI). Introducing a platform for the last mile customer, the loan ticket is designed at Rs. 10,000 to 2 lakh. The company expects to disburse 200,000 loan applications in FY20.
*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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