Important Notice:

Course Content
Digital Financial Tools & Application (Chapter-8) M1-R5.1/CCC
About Lesson


          A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.

There are many types of loans

  • Home Loan

  • Personal Loan

  • Education Loan

  • Gold Loan

  • Vehicle Loan

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