what is home loan?
for grade 10 economics.
ch- money and credit.
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ok so home loan is a loan given when u need to pay high amounts
so basically let us take the cost of a house is 60lakhs
so here u can't pay 60 lakhs all at once so loan can be defined as the financial help provided at times of emergency
the bank helps us to clear the 60 lakh credit
hope it helped u
so basically let us take the cost of a house is 60lakhs
so here u can't pay 60 lakhs all at once so loan can be defined as the financial help provided at times of emergency
the bank helps us to clear the 60 lakh credit
hope it helped u
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