What is Loan?
Loan is that amount which we take from others in respect of debt and need to pay interest to other for loan amount. In simple words it is debt taken from other against interest amount.
Types of Loans
Loans can be following types
-Personal
-Term Loan
-Loan against od
-Loan against property
-Loan against gold
-Loan unsecured
-Loan against turnover
-Loans against land
-Loan against things
-Loans against chequess
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