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1. TYPES OF
LOANS
Presented by:
Ruloans

2. WHAT IS A LOAN?
 Loan is a thing that is borrowed, especially a sum of
money that is expected to be paid back with
interest.
 Many banks and NBFCs in India offer different
types of loans to people to fulfill their personal and
professional financial needs.

3. TYPES OF LOANS
Various banks and NBFCs in India offer different
types of loans to its customers:
 Personal Loan
 Business Loan
 Home Loan
 Loan Against Property
 Gold Loan
 Car Loan
 Used Car Loan
 Education Loan

4. PERSONAL LOAN
 Personal loan is a type of unsecured loan.
 This type of loan is taken to fulfill personal needs of
a person.
 A personal loan tenure ranges from 5 to 7 years.
 The interest rate starts from 10.99%*
 One can take a personal loan for these reasons:
marriage, travel, medical emergency etc.

5. BUSINESS LOAN
 Banks and NBFCs in India offer business loan to
businessmen, self-employed professionals,
partnership firms, private limited companies etc.
 Business loan is taken for any of these reasons: to
expand business, buy machinery, hire extra staff,
develop infrastructure etc.

6. HOME LOAN
 Banks and NBFCs in India offer Home loan to its
customers to fulfill their property related needs. A
home loan is given for residential as well as
commercial property purchase.
 One can get a home loan for these reasons:
purchase new home, purchase used home, expand
existing property, construct a new home, to
purchase land to construct home etc.

7. LOAN AGAINST
PROPERTY
 Many leading banks and NBFCs in India offer loan
against property to its customers.
 A loan against property is a secured type of loan
where the borrower has to keep his/her property as
mortgage against loan.
 One can get loan against property agaisnt
commercial as well as residential property.

8. GOLD LOAN
 Gold loan is a type of secured loan.
 Banks and NBFCs in India offer 40% to 60% of loan
amount against the actual gold price.
 This is a type of short term loan where maximum
tenure is 12 months.
 The gold remains with banks until the loan is paid in
full.

9. CAR LOAN
 Car loan, also known as vehicle loan is one of the
very common loans in India.
 Banks and NBFCs in India offer easy car loan and
finance up to 80% to 90% of required loan amount.
 The tenure for car loan ranges from 5 to 10 years.
 This is a type of secured loan.

10. USED CAR LOAN
 Banks and NBFCs offer this special car loan for
those who want to buy a second hand car.
 This loan enables people to buy luxury cars in an
affordable rate.
 The tenure for this loan ranges from 5 to 10 years.
 This is a type of secured loan.

11. EDUCATION LOAN
 Banks and NBFCs in India offer special loan to its
customers to pay for their or their child’s expensive
education.
 One can take an education loan to study in India as
well as abroad.
 The repayment of education loan starts after
completion of education.

13. Thank You !