There are many types of loans provided by the bank.

Almost all banks provide the the following types of loans

  • Auto / Car Loan
  • Education Loan
  • Home Loan
  • Loan against Shares
  • Personal Loan

Auto Loan

Most of the banks provide car loans. Car loan also termed as Auto Loan. One can get car loan up to 85% of ex-showroom price of the car with some amount of processing fee.

Education Loan

Education Loan is also termed as Student Loan.

Educational loan is offered to the students, who are having brilliant academic records, studying at recognized colleges/universities in India or abroad. Educational loan is generally offered to meet the expenses on tuition fees, books and other educational related cost.

Home Loan

Home loan is one of the fastest moving financial banking products. Like a car loan, most of the reputed banks provides home loan up to the 85% of agreement value of a home or apartment. There are two types of home loans available depends on interest rate. Floating Interest Rate and Floating Interest Rate. SBI, ICICI HSBC, HDFC, AXIS banks are leading in providing home loans.

Loan against shares

Loan against shares is runs on liquid guarantee. It’s very easy to get it if one can have liquid as guarantee against loan.

Personal Loan

Personal loan amount is depends on the profile of person who is applying for the loan. Usually interest rates are higher for Personal loans.

Mostly used Banking Services in India

  • Bank Account
  • Credit Card
  • Debit Card
  • Loans
  • Money Transfer
  • ATM
  • Mobile Banking
  • SMS Banking
  • Net Banking