give an example of various bank lones
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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
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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.
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