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Associated Partners With US

Bank & Financial Partners
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HDFC-Bank
ICICI-Bank

Current Interest Rates &  APR

Accurate Interest Rate

Current Interest Rates

Product Type Best Rate %*
Home Loan 7.25%
Loan Against Property 8.70%
Business Loan 13.50%
Personal Loan 10.50%
Professional Loan 13.00%
Gold Loan 10.50%
Two Wheeler Loan 18.00%
Doctor Loan 11.25%
Fixed Deposit 8.00%

Illustration of the total cost of a personal loan

  • Total amount borrowed: ₹ 1,00,000
  • Time period: 12 months to 60 months
  • Interest Rate: 10.99% to 22%
  • Processing Fee payable to: Upto ₹ 2,000
  • Fee payable to MyLoanCare: NIL
  • Total Monthly Cost – From ₹ 2,174 for 60 months ₹ 1,00,000 loan at 10.99% (lowest rate, longest time period) to ₹ 9,359 for 12 months ₹ 1,00,000 loan at 22% (highest rate, shortest time period). This is inclusive of principal repayment.
  • Annual Percentage Rate (APR) of charge including all applicable fees: 11.39% to 22.4%
  • Total cost payable over loan tenure: ₹ 14,313 for 12 months loan to ₹ 32,424 for 60 months loan

Latest Blog & News

May 2020