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What is a Loan ?

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations 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.

Different Types Of Loan Personal Loan  Business Loan  Home Loan  Auto Loan  Education Loan  Salary Loan  Project Loan 

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