What is mean by secured loans?
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Answer / sujatha
Loan can be taken against any security ie against land,
building, machinery, or against debtors or stock
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / vasudev karanth
when u r purchasing a loan at tht time u need to provide
security for the borrowed amt which will be secured.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / bharat chandra das
loan providing by receiveing certain security like
certificate of document,any fixed assets, stock, share.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / mehraj wani
Secured Loans are the loans for which the creadit risk
mitigation is done in adavance. E.g., if a loan worth Rs.
100 is secured against some asset like land building, etc.
the risk of default is low because the loan is covered
againest some asset.
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