MLC Referral Partner Club

MyLoanCare Partner Club App is a referral app where you can easily earn an additional income of up to Rs. 10,000 by just referring, to each successful loan. It helps you grow your basic income substantially every month. You can also apply for a loan for yourself and earn double cashback on loan disbursal along with the referrals. Here you can also check and compare affordable and convenient loan options from 30+ leading partners for Personal Loans, Home Loans, Loan Against Property, and Gold Loans.

Features of MyLoanCare Referral Partner App:

1. You can invite your friends to become a partner and get instant Rs. 10,000 credit in your MLC Pay wallet. With MyLoanCare, get assured returns on every transaction.

2. With MyLoanCare Partner Club App, get assured returns on every transaction.

3. Get Instant Personal Loans in the range of Rs. 50,000 to Rs. 75 Lakhs for a repayment period of 12 months to 60 months.

4. Invite partners and earn rewards on every successful partner

Annual Percentage Rate (APR) for Rs. 1 Lakh loan for 12 to 60 months tenure would be 10.60 percent to 22.20 percent

A representative example of the total cost of the loan, including all applicable fees
• Loan Amount: ₹1,00,000
• Min Period of Repayment: 6 months
• Max Period of Repayment: 5 years
• Min Interest Rate: 10.40 percent per annum
• Max Interest Rate: 24 percent per annum
• Min APR: 11.1 percent per annum
• Max APR: 24.7 percent per annum
• Min EMI: Rs. 2,144
• Max EMI: Rs. 17,853
• Min Total Cost: Rs. 1,06,555
• Max Total Cost: Rs. 1,32,166

For example, an instant personal loan of ₹ 1,00,000 with a repayment tenure of 6 months at 10.40 percent, Real APR cost will be ₹1,06,555 in 6 monthly EMIs including ₹ 6,555 in interest and fees.


*The numbers in the illustration are for representation only, and the final rate and processing fee may vary for borrowers depending on their credit assessment and risk profile.