TYPES OF LOANS

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A loan is essentially an amount borrowed for a fixed period. The amount borrowed requires it to be repaid along with a predetermined amount of interest that is calculated on the principal amount.

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TYPES OF LOANS

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HOME LOANS

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PERSONAL LOANS

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EDUCATION LOANS

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GOLD LOANS

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Loan Against Mutual Funds Or Share

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Loan Against Insurance Policies

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VEHICLE LOANS

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TYPES OF LOANS

A loan is essentially an amount borrowed for a fixed period. The amount borrowed requires it to be repaid along with a predetermined amount of interest that is calculated on the principal amount.

TYPES OF LOANS

SECURED LOANS

UNSECURED LOANS

HOME LOANS

Banks now offer home loans that can assist you in purchasing a property.

PERSONAL LOANS

Personal loans are provided to meet the personal needs of the borrower. You can use the money from this type of loan in any way you see fit.

EDUCATION LOANS

Banks also offer education loans to the ones who need it. These loans offer a better support in terms of study opportunities to students are financially weak.

GOLD LOANS

This type of loan was very popular back in the days when the rates of gold were rising exponentially.

Loan Against Mutual Funds Or Share

The banks give out loans of an amount lesser than the total valuation of the shares or mutual fund investment.

Loan Against Insurance Policies

Only those insurance policies that are aged over 3 years are eligible for such loans. The insurer can themselves offer a loan amount on your insurance policy.

VEHICLE LOANS

Vehicle loans help you fulfil your dream of owning a car or bike. Almost all banks provide this type of loan.

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