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Categories

Loan Products

At 23Finverse Loans and Investment, we're passionate about redefining the way you experience finance.

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Personal Loans

Unsecured loans used for various personal expenses like travel, medical emergencies, home renovations, etc.

Typically have higher interest rates due to the lack of collateral.

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Home Loans

Secured loans used to purchase or construct a house or apartment.

Lower interest rates compared to personal loans due to the property acting as collateral.

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Car Loans

Secured loans used to purchase a new or used car.

The car itself serves as collateral for the loan.

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Education Loans

Loans to finance higher education expenses, including tuition fees, accommodation, and living expenses.

Can be secured or unsecured, depending on the lender and the loan amount.

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Gold Loans

Secured loans where gold jewelry or ornaments are used as collateral.

Relatively quick and easy to obtain.

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Business Loans

Loans for various business purposes, such as starting a new business, expanding an existing one, or managing working capital.

Can be secured or unsecured, depending on the lender and the borrower's credit worthiness.

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Loans Against Property

Secured loans where the borrower's property is used as collateral.

Can be used for various purposes, including business needs, medical emergencies, or debt consolidation.

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Two Wheeler Loans

Secured loans used to purchase a new or used two-wheeler

The vehicle itself serves as collateral for the loan.

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Microfinance Loans

Small loans typically given to low-income individuals or small businesses for various purposes, such as starting a business, meeting daily expenses, or making small investments.

Factors to Consider When Choosing a Loan

  • Interest Rates: Compare interest rates from different lenders to get the best deal.
  • Loan Tenure: Choose a repayment tenure that suits your budget and financial situation.
  • Loan Amount: Borrow only the amount you need to avoid unnecessary debt.
  • Fees and Charges: Be aware of any processing fees, prepayment charges, or other associated costs.
  • Eligibility Criteria: Ensure you meet the eligibility criteria set by the lender.
  • Credit Score: A good credit score can help you get better loan terms.