Secured Loan

Secured loans require collateral, offering lower interest rates and higher borrowing limits compared to unsecured loans. While they provide financial flexibility, borrowers must carefully assess repayment ability to avoid asset loss.

Jana SFB plans to increase share of secured loans up to 80% of the book in 2 years, says CEO

The bank will aim to grow the secured book to 70 per cent- 80 percent from the existing 60 percent in the next two years based on the demand scenario.

With asset quality in good shape and AUM growth on track, Poonawalla Fincorp to focus on profitability: Abhay Bhutada

We have done with our growth and asset quality. There is no worry on that front for three, four years, and completely from the current year, the focus will be on profitability. And you can see in the last two quarters there is a reduction in the operational expenditure, says Bhutada.

Personal loan or loan against property: Which one is better?

While personal loan offers a quick fix, loan against property offers you a cheap source of credit for longer term.