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What is the difference between Secured Loan & Unsecured Loan?

Answer Posted / 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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