BANK LOANS

A loan is a sum of money that one or more individuals or companies borrow from banks or other financial institutions so as to financially manage planned or unplanned events. In doing so, the borrower incurs a debt, which he has to pay back with interest and within a given period of time.

A loan is money borrowed from a bank or financial institution. The borrower agrees to pay back the principal amount of the loan plus interest. There are several types of loans, including car loans, student loans, and home mortgages.

Secured Loans. Secured loans are those loans that are provided against security. …
Unsecured Loans. …
Home Loans. …
Gold Loans. …
Gold Loans. …
Vehicle Loans. …
Loan Against Property. …
Loan Against Securities.