MyEazyLoan is not a lender itself but a personal loan comparison platform. You fill in one short form, and it shows you offers from several banks, NBFCs and fintech lenders, including HDFC Bank, Axis Bank, Bajaj Finserv, Tata Capital, IndusInd Bank and Poonawalla Fincorp. You can compare the estimated interest rate and the amount you qualify for, then apply with the lender you like best.
Key features
- Trusted lending partners: verified banks, NBFCs and fintechs.
- Instant comparison: see offers from several lenders in one place.
- Transparent terms: clear information on interest rates, EMIs and tenures.
- Secure application: a streamlined online process from eligibility check to disbursal.
Note: the platform currently works only on a mobile browser, so open the link on your phone.
How it works
- Check your eligibility: enter basic details like income, age, employment status and credit score.
- Compare lenders: review the offers you qualify for, with estimated rate of interest and eligible amount.
- Choose a lender: pick the one that best fits your needs on rate and amount.
- Apply: tap Apply Now, fill in any remaining details, upload documents and submit.
- Get disbursed: once the lender approves, the money is credited to your bank account.
Why compare before you borrow?
Even a small difference in interest rate adds up. On a ₹5 lakh loan over 5 years, an illustrative rate of 11% gives an EMI of about ₹10,871, while 14% gives about ₹11,634. Over the full tenure that is a difference of roughly ₹45,775 in interest. Seeing several offers together makes it easier to spot the cheaper one.
Top lenders on the platform
| Lender | Type |
|---|---|
| HDFC Bank | Bank |
| Axis Bank | Bank |
| IndusInd Bank | Bank |
| Bajaj Finserv | NBFC |
| Tata Capital | NBFC |
| Poonawalla Fincorp | NBFC |
Loan approvals and disbursals are always subject to the chosen lender’s policies, so the final rate, amount, fees and tenure come from that lender.
Tips for getting the best offer
- Know your credit score first. At 700+ you can apply, but a score above 750 usually unlocks better rates and higher amounts.
- Enter accurate income details. Offers are based on what you share, and lenders verify it later, so overstating only leads to rejection.
- Compare the full cost, not just the rate. Look at processing fees and the total interest over the tenure.
- Don’t apply everywhere at once. Choose one offer and complete it, since several hard credit checks in a short time can lower your score.
- Keep documents ready. Having statements and salary slips on hand speeds up the lender’s approval.
Eligibility
| Age | 18 to 60 years |
|---|---|
| Income | As per lender’s policy |
| Occupation | As per lender’s policy |
| Credit score | 700 or above |
Documents you will need
- Identity: PAN card and Aadhaar card
- Income: bank statements for the latest 3–6 months and salary slips for the last 3 months
How to apply
- Open this page on your phone and tap Apply on MyEazyLoan site.
- Complete the eligibility form and compare the offers shown.
- Choose a lender, tap Apply Now and upload your documents.
- Track approval and receive the funds in your bank account.
Who it suits
A good fit for borrowers with a 700+ score who want to compare a few big-name lenders without filling in separate applications. Look elsewhere if you already know which lender you want, in which case applying with them directly is just as quick.
