As Used Car Loan

A home loan is an amount an individual borrows from a financial institution such as a housing finance company to buy a new or a resale home, construct a home or renovate or extend an existing one.

Used car loans are provided at attractive interest rates and come with a repayment tenure of up to 7 years. Certain lenders provide loans of up to 200% of the car's value. Most banks and NBFCs provide used car loans. Self-employed individuals and salaried employees can avail themselves of a used car loan.

A business loan loan is borrowed money that businesses use to cover costs they can't afford on their own in the short term. Loans are not provided without charge. As the cost of borrowing the money, lenders charge interest on loans. Knowing whether the interest is fixed or variable is crucial.

A personal loan is a type of credit that is unsecured and can be used for a variety of purposes. Financial institutions provide personal loans based on factors like: Income level, Credit history, Employment history, Repayment capacity, Profession.