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Start learning 50% faster. Sign in nowA mortgage is a way to use one's real property, like land, a house, or a building, as a guarantee for a loan. In case of Housing Loan, mortgage is created on the house which is kept as a collateral security for the loan provided. Personal loans are unsecured loans. In Vehicle loan the vehicle is hypothecated as security. Similarly in Trade loans the good under the trade are hypothecated. In case of Consumer loans also the assets financed are hypothecated to the lender. Movable assets as in case of Vehicle loan, Trade Loan and Consumer loan are hypothecated while immovable assets (real estate) are mortgaged.
Which of the following pairs is not correct matched?
Kerala’s forest and wildlife department has signed an agreement with which of the following banks for the digital payments at the eco tourism cent...
Which bank saw EQT Private Capital Asia sell its 7.89% stake for Rs 1,091.15 crore in July 2024?
Which company exported its first ever consignment of 100 octane premium fuel, XP100, to Sri Lanka?
Which of the following is the Eastern most district of Uttar Pradesh?
The one horned Indian rhino has its natural home in?
The marriage known as Andi and Oporatipi is related to which tribal community?
Which rare butterfly species, previously unseen in Himachal Pradesh, was sighted and photographed for the first time in Chamba?
Which of the following statements is accurate regarding the functions of human blood components?
Alaknanda and Bhagirathi rivers meet at which location?