Loan guidance
Every major loan, plainly explained.
What each loan actually is, how a lender reads it, what to prepare, and the mistakes that turn a workable requirement into a difficult application.
Loans · 01
Home & property
Borrowing where an asset is pledged and the tenure is long. The property, its paperwork and the repayment plan carry equal weight.
Home loan
The largest, longest borrowing most households ever take on. The property and the repayment plan matter equally.
↗Loan against property
Borrowing against property you already own, for purposes that may have nothing to do with the property itself.
↗Balance transfer & top-up
Moving an existing loan to another lender, or borrowing further against equity you have already built.
↗Loans · 02
Personal & vehicle
Smaller, faster borrowing decided mostly on evidenced income and credit behaviour rather than collateral.
Personal loan
Unsecured borrowing — no collateral, decided largely on income and credit history, and priced for that risk.
↗Vehicle loan
Funding an asset that loses value: the lender's view of the vehicle and of you both change over the tenure.
↗Education loan
Funding study, where the return is a career rather than an asset — so the course and the co-applicant are read closely.
↗Gold loan
Borrowing against pledged gold — quick and secured, but with hard consequences for a missed payment.
↗Loans · 03
Business & working capital
Funding for running businesses: expansion and assets on one side, the operating cycle on the other.
Business loan
Funding for a running business, read from turnover, banking and vintage rather than from a single asset.
↗Term loan
A long-tenure loan for a specific purpose — machinery, premises or a project — repaid on a fixed schedule.
↗Cash credit
A running working-capital limit drawn against stock and receivables, renewed periodically.
↗Overdraft
A limit on a current account you can dip into as needed and clear as money comes in.
↗Bank guarantee & letter of credit
Non-fund-based facilities: the bank's word stands in for your money in a contract or a trade.
↗The Loan CA does not lend and cannot promise an approval. Every credit decision rests with the lender. We are not licensed, registered or regulated by the Reserve Bank of India, and are not approved, endorsed by, or affiliated with the RBI or the Institute of Chartered Accountants of India (ICAI). Full disclosures →