History, asked by rajanalashok8, 4 months ago

give an example of various bank lones​

Answers

Answered by Anonymous
3

ᗩᑎՏᗯᗴᖇ

This is a type of loan where your fixed deposit is the collateral. For example, if you have a fixed deposit of Rs.10 lakh in the bank, you can avail a loan of up to Rs.8 lakh. However, the rate of interest associated with this kind of a loan is usually higher than the fixed deposit rate. Loan Against Mutual Funds and Shares

ʰᵒᵖᵉ ⁱᵗ ʰᵉˡᵖˢ ᵘʰ!

Answered by Bloxisback
0

Answer:

Types of Bank-Offered Financing

Credit cards, a form of higher-interest, unsecured revolving credit. Short-term commercial loans for one to three years. Longer-term commercial loans generally secured by real estate or other major assets. ... Letters of credit for businesses engaged in international trade.

Explanation:

Hope it helps

Similar questions