Type of Loan

1. Secured Loans :

   Secured by collateral, these loans come with lower interest rates.

   • Home Loan: For buying or renovating property.
   • Car Loan: For purchasing a vehicle.
   • Gold Loan: Against gold assets.
   • Loan Against Property: Borrowing against owned property.

    

2. Unsecured Loans :

   No collateral required but higher interest rates apply.

   • Personal Loan: For personal expenses like travel or medical bills.
   • Education Loan: For funding higher education.
   • Credit Card Loan: Based on your credit card limit.

    

3. Business Loans :

   Tailored for business needs.

   • Working Capital Loan: To manage daily business operations.
   • Term Loan: For long-term investments or expansions.
   • Equipment Financing Loan: For purchasing machinery or tools.

    

4. Consumer Loans :

   For everyday purchases.

   • Home Improvement Loan: For home repairs or upgrades.
   • Consumer Durable Loan: For buying appliances or electronics.

    

5. Payday Loans :

   Short-term loans to bridge financial gaps until your next paycheck.

6. Agricultural Loans :

   Designed for farmers to support agricultural activities.

   • Crop Loan: For growing crops.
   • Equipment Loan: For farming machinery.

    

7. Specialty Loans :

   Customized for specific needs.

   • Student Loan: For educational expenses.
   • Debt Consolidation Loan: To merge and pay off multiple debts.
   • Medical Loan: For healthcare costs.

    

Loans serve various purposes, so select one that matches your financial requirements and repayment ability. Would you like more information on eligibility or interest rates?