|Flamingtext - Free Logo Maker|
I have been exploring the available options online for quite sometime and found that most of the sites promise logo making facility for free but always has some kind of strings attached.
Out of the available options on Internet I think "Flamingtext" is good as far as free logo design feature is concerned. It offers ready made templates and lets you design and customize your logo on the website itself without asking for any kind of software download or charge for downloading the designed logo.
Use the following link to try the free logo maker online.