MyLoanCare announces launch of 2.0 version of its online platform

Sept. 2, 2014 - PRLog -- Myloancare today announced launch of 2.0 version of its online loans marketplace with funky loan calculators, faster loading, more information, more comparisons and much more!

The new website makes it possible for people to calculate their interest savings by transferring home loan and loan against property using MyLoanCare Interest Savings Calculator. With RBI directing banks not to charge prepayment charges on floating rate loans, myloancare believes that customers can save interest cost and avail higher loan amount by transferring loans to new lenders at lower rates at minimal costs.

In addition to being able to calculate EMI and eligibility, customers can now compare home loan and loan against property offers from multiple PSU/ private and foreign banks in a single window on the basis of interest rate, tenure, EMI, processing charges and prepayment charges using MyLoanCare Loan Calculator. Customers may compare and select options online in two minutes.

Customers can check current and past base rates, PLR and home loan interest rates online at myloancare without having to search for this information across the net at multiple sources.

The SSL certified website ensures that your information travels in encrypted form using latest technology.

MyLoanCare loan calculator https://www.myloancare.in/free-calculator/loan-calculator/, in addition to calculating loan eligibility and EMI, gives objective comparison of home loan options  across multiple lenders. Most people struggle to find time to carry out so many comparisons on their own.  Thus, instead of having to visit websites of multiple banks, by use of technology, customers can compare loan options from the comfort of their place before applying for loans. Customers can also view home loan interest rates of leading banks in one place at myloancare.

Similarly, many home loan borrowers know that they are paying high interest on their loans but tend to under estimate the savings they can get by transferring their loan to a new lender. Many a times, customers may not be familiar with the process of loan transfer. MyLoanCare loan takeover or balance transfer interest savings calculator https://www.myloancare.in/free-calculator/home-loan-balan... calculates interest savings over first year and over life of loan instantly and makes it easier for customers to take a decision on transferring their loan.

The newly launched 2.0 version https://www.myloancare.in offers faster loading, device optimization and easy navigation building upon a robust core of exclusive content and powerful tools and calculators.