A home loan is a financial product that allows individuals to borrow
money from a bank or lender to purchase a property, paying it back
over time with interest.
Commercial Loan
Commercial purchase refers to buying propert- ies like office
buildings, retail spaces, or indust- rial complexes for business
purposes, rather than personal residence.
Industrial Loan
Industrial purchase involves buying properties like factories,
warehouses, or manufacturing facilities primarily for commercial
and indust- rial business operations, not for residential
purposes.
Lease Rental Discounting
Lease Rental Discounting (LRD) is a financial product where
property owners, usually commercial, offer their leased
properties' future rental income as collateral to secure a loan.
Lenders assess the lease agreement, rental income, and tenant's
creditworthiness to determine the loan amount, with repayment
based on rental receipts.
Warehousing Finance
Warehousing finance is a type of commercial lending that provides
funds to businesses for building, expanding, or operating
warehouses. These loans enable companies to stock inventory and
manage supply chains efficiently. The warehouse itself acts as
collateral, and repayment terms are structured based on the
borrower's needs and cash flow.
Educational Loan(lnternational)
An international educational loan is a financial product that
helps students from one country fund their higher education
abroad. These loans cover tuition fees, living expenses, and other
educational costs. Repayment terms and interest rates vary
depending on the lender and the borrower's circumstances.
Reverse Mortgage
Reverse mortgage is a financial arrangement for homeowners,
usually seniors, where they can borrow against their home's equity
without selling it. Instead of making payments, the loan
accumulates interest, and repayment is triggered when the borrower
moves out or passes away, with the home often sold to repay the
debt.
Unsecured Loan
Reverse mortgage is a financial arrangement for homeowners, usually
seniors, where they can borrow against their home's equity without
selling it.
Personal loan
A personal loan is an unsecured financial product where
individuals borrow money from banks or lenders for their
personal expenses, such as debt consolidation, home renovations,
medical bills, travel or other. The loan is repaid over a fixed
period, and interest rates are determined based on the
borrower's creditworthiness and financial history.
Business loan is a financial product that allows entrepreneurs,
companies to borrow funds from banks or lenders to meet their
business needs. It can be used for various purposes like
starting a new venture, expanding operations, purchasing assets,
managing cash flow, or financing projects, with specified
repayment terms, interest rates.
In India, an educational loan is a financial product offered by
banks and financial institutions to students pursuing higher
education. These loans cover tuition fees, books, accommodation,
and other related expenses. Repayment typically begins after the
course is completed, and there are provisions for moratorium
during the study period.
