What is the difference between Secured Loan & Unsecured Loan?
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Answer / saiyad aejaj
Secured loan means to take a loan aginst any security or
from nationalised bank or institute and unsecured loan
means to take loan without any security or from any
finanance company
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / naveen agarwal
SECURED LOAN MEAN THE COMPANY HAS TAKEN THE LOAN FROM BANK
&FINANCIAL INSISTITUTION WHEREAS UNSECURED LOAN MEANS WHERE
THE COMPANY HAS RAISED THE FUND FROM INDIVIDUAL IN TERM OF
F.D.
| Is This Answer Correct ? | 8 Yes | 2 No |
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