Loan Services
House loan
A house loan or home loan simply means a sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms. ... The property is mortgaged to the lender as a security till the repayment of the loan.
Car loan
A car loan (also known as an automobile loan, or auto loan) is a sum of money a consumer borrows in order to purchase a car. ... Many consumers apply for car loans at their local bank. When applying for a car loan a borrower will usually begin by specifying how much money he or she wants to borrow.
Agriculture loans
An agriculture loan is an overdraft facility which could be used to meet the cost of farming, cultivation and working capital activities for agri-business and associated activities. ... Agriculture loans are generally low interest loans that farmers can avail to run their farming business more efficiently
Export and Import Loans
For export financing, where the exporter's bank is involved, the lender sends the appropriate funds to use as a deferred payment. For import financing, it's the importer's bank that pays the exporter, and the importer repays the lending institution the principal amount plus interest.