A business loan provides funding to businesses for various purposes such as expansion, purchasing equipment, or managing daily operations, with an agreement to repay the borrowed amount with interest over a set period. Loans can be unsecured (collateral-free), and are available through commercial banks and NBFCs.

A home loan is a secured loan used to finance the purchase, construction, renovation, or extension of a property, with the real estate serving as collateral. The loan is repaid through Equated Monthly Instalments (EMIs) over a predetermined tenure, typically up to 30 years.

A Loan Against Property (LAP) is a type of secured loan where you use your residential or commercial property as collateral to borrow a substantial sum of money. The property remains mortgaged to the lender until the entire loan amount is repaid, but you retain ownership and usage rights.

An overdraft is a credit facility that allows you to withdraw money from a bank account beyond its available balance, up to a pre-approved limit. You only pay interest on the amount you have overdrawn, and it can be repaid flexibly without fixed monthly installments. Overdrafts are a short-term solution for managing cash flow

An auto loan is a secured installment loan used to purchase a vehicle, which serves as collateral. You borrow a lump sum and repay it with fixed equated monthly installments (EMIs) over a set period.