Personal loan is a type of unsecured loan that helps you meet your current financial needs. While taking a personal loan(..Personal loan are usually taken for medical, marriage, tour and travel, and/or education purposes.)
Business loan is a type of financing by which you can meet the immediate needs of your growing business.Every business is unique and has different financing needs at different times.
Home loan is the amount that a person borrows from a bank or money to purchase home. The person have to repay later the principal amount to the lending company in EMI at a fixed rate of interest every month.
In mortgage loan, we borrow money from a bank or financial institution by mortgaging a property if you stay in your house...and you require money then you can take a loan by mortgaging that house with the bank. This is the easiest way to take a loan from the bank.
You can transfer the existing outstanding amount to another bank or loan institution. When the transfer is completed, the applicant pays the transfer principal loan amount and applicable charges to the new bank in lieu of the original loan.
A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
Principal + Interest