Loan Against Property Customer Reviews

Average Loan Against Property Customer Rating 4.4/5 by 104 customers
  • MyLoanCare Service
    4.5/5.0
  • Banks Service
    4.3/5.0
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Loan Against Property Reviews

Vijay Krishna Reddy , Hyderabad Reviewed on 13th Jan 2020
5 / 5 stars

Bajaj Finserv Loan Against Property Availed in Jan 2020

Great service at a faster pace. In 5 days of time, Read more...

Chandrasekhar Gubbala , Hyderabad Reviewed on 06th Jan 2020
4.5 / 5 stars

HDFC Loan Against Property Availed in Dec 2019

Read more...

Pravin H Satani , Surat Reviewed on 04th Jan 2020
5 / 5 stars

Bajaj Finserv Loan Against Property Availed in Dec 2019

Good and prompt service. They provide full support Read more...

Kayur Ananth Girish , Hyderabad Reviewed on 02nd Jan 2020
5 / 5 stars

ICICI Bank Loan Against Property Availed in Dec 2019

MyLoanCare sales representative Mr.Krishna Gautam Read more...

Rajeev Kumar , Navi Mumbai Reviewed on 30th Dec 2019
4 / 5 stars

HDFC Loan Against Property Availed in Dec 2019

My experience with MyLoanCare was good. There cont Read more...

Syed Abrar , Chennai Reviewed on 07th Dec 2019
5 / 5 stars

Bajaj Finserv Loan Against Property Availed in Dec 2019

Good service and regular follow up, especially by Read more...

Kodeeswaran Shanmuga , Karur Reviewed on 06th Dec 2019
5 / 5 stars

HDFC Loan Against Property Availed in Nov 2019

The loan processing, document collection, and supp Read more...

Sangam Shewale , Thane Reviewed on 05th Dec 2019
3.5 / 5 stars

HDFC Loan Against Property Availed in Dec 2019

Bank person gave wrong advice while checking the d Read more...

RAJ RANGARAJ , Bangalore Reviewed on 25th Nov 2019
5 / 5 stars

PNB Housing Finance Loan Against Property Availed in Sep 2019

Thanks for helping me get a loan from PNB. Read more...

Raghvendra Pratap , Varanasi Reviewed on 14th Nov 2019
5 / 5 stars

HDFC Loan Against Property Availed in Nov 2019

Best application for applying loan.
Customer exec Read more...

Laxminarayan Gupta , Thane Reviewed on 11th Nov 2019
4 / 5 stars

Bajaj Finserv Loan Against Property Availed in Oct 2019

It was Good Experience with MyLoanCare. They were Read more...

Kotha Hariprasad , Hyderabad Reviewed on 04th Nov 2019
4.5 / 5 stars

Citibank Loan Against Property Availed in Oct 2019

The process took a long time, but overall I am hap Read more...

Vivekanandan Kumarasamii , Tirunelveli Reviewed on 01st Nov 2019
5 / 5 stars

HDFC Loan Against Property Availed in Oct 2019

MyLoanCare executive Anmol Gupta was excellent in Read more...

Megha Sujay Lotankar , Mumbai Reviewed on 29th Oct 2019
4 / 5 stars

HDFC Loan Against Property Availed in Oct 2019

Too much calling from the team. Overall good servi Read more...

Jitendra Kumar , Pune Reviewed on 14th Oct 2019
4 / 5 stars

Citibank Loan Against Property Availed in Sep 2019

You helped in finding the right product. Thanks. A Read more...

Narendra J Kankariya , Nashik Reviewed on 14th Oct 2019
4 / 5 stars

HDFC Loan Against Property Availed in Aug 2019

Good customer service provided by the Bank branch Read more...

Vikrant Narang , Jalandhar Reviewed on 12th Oct 2019
5 / 5 stars

HDFC Loan Against Property Availed in Oct 2019

Thanks for providing an easy and excellent service Read more...

Abhishek Shukla , Mumbai Reviewed on 10th Oct 2019
2.5 / 5 stars

Bajaj Finserv Loan Against Property Availed in Oct 2019

Bajaj Finance granted the loan, but not satisfied Read more...

Muninderreddy kamidi , Bangalore Reviewed on 30th Sep 2019
5 / 5 stars

HDFC Loan Against Property Availed in Sep 2019

Best service, easy disbursement, and supportive cu Read more...

Lily Chiu , Bangalore Reviewed on 06th Sep 2019
5 / 5 stars

HDFC Bank Loan Against Property Availed in Aug 2019

Nitin Sagar has been very professional in executin Read more...

Ranatosh Saha , Kolkata Reviewed on 04th Sep 2019
5 / 5 stars

PNB Housing Finance Loan Against Property Availed in Aug 2019

The service was very satisfying, excellent respons Read more...

L CHAITANYA KUMAR , Kakinada Reviewed on 03rd Sep 2019
5 / 5 stars

HDFC Loan Against Property Availed in Aug 2019

Thanks for excellent service. Home equity Loan san Read more...

PIYUSH KOTAK , Surat Reviewed on 30th Aug 2019
4.5 / 5 stars

HDFC Loan Against Property Availed in Aug 2019

Good support from Lakshya, he was taking regular f Read more...

Vivek Jindal , Ajmer Reviewed on 07th Jul 2019
4.5 / 5 stars

HDFC Loan Against Property Availed in Jun 2019

The service was good back up servicing and transfe 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. 5,000* to its customers after loan disbursement.
Apply Loan Against Property

Illustration on Loan Against Property

Maximum Annual Percentage Rate (APR) 8.7% to 12%
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: 5 years to 15 years
  • Loan Against Property Interest Rate: 8.70% to 12%
  • Processing Fee payable : Upto Rs. 10,000
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From Rs. 997 for 15 years Rs. 1 Lakh loan at 8.70% (lowest rate, longest time period) to Rs. 2,224 for 5 years Rs. 1 Lakh loan at 12% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 8.7% to 12%
  • Total cost payable over loan tenure: Rs. 43,466 for 5 years loan to Rs. 89,370 for 15 years loan
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Loan Against Property News - Jan 2020
  • 2020-01-16 : Banks to open new branches in FY21 news
    In order to promote the banking services in remote locations, and to reach out to the unbanked, the Government of India has suggested the Banks, to open new branches in the fiscal year 2021. As per the updates, popular banks like SBI will open about 1500 branches. This is done to ensure easier loan borrowing of loans on properties and personal loans for people in rural areas who are till now accustomed to high-interest rates of local borrowers.
  • 2020-01-10 : OBC cuts lending rates by 15 bps news
    With effect from 10 January 2020, Oriental Bank Of Commerce revised its MCLR. The one-year MCLR rate stands at 8.15% which was 8.30% in the previous month. The MCLR for overnight period is 7.55%, one-month MCLR is 7.60% and three months MCLR is 7.80%. MCLR for six months stands at 8% which was 8.05% earlier. The revised rates will impact loan against property and home loans.
  • 2020-01-08 : HDFC revised interest rates on Loan against property news
    The interest rate for the self-occupied residential property is revised to 9.40% and the interest rate for Non- self-occupied residential property and commercial property is 9.65%. The revised rates are in effect from 6 January 2020.
  • 2020-01-07 : Karur Vysya Bank revised MCLR news
    The overnight, one-month, three-months MCLR of Karur Vysya Bank is kept unchanged and stands at 8.30%, 8.40%, 8.55%, respectively. While six-months and 1 year MCLR is cut by 10 bps to 9% and 9.30%. The revised rates are in effect from 7 January 2020. The cut in MCLR will impact home loans and loans against property.
  • 2020-01-03 : Yes Bank MCLR remains unchanged news
    Yes Bank will be functioning on the same lending rate as the previous month according to the notification as on 1 January 2020. The MCLR for overnight tenor stands at 7.90%, for one-month stands at 8.75%, for three months stands at 9.20%, for six months and one year it stands at 9.40% and 9.70%, respectively. The rate changes will impact the home loans and loan against property.
*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. Read More
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