The interest paid on a reducing balance loan reduces over time since it is calculated on the principal amount that is outstanding, hence theamount of interest paid will gradually become lesser than that of a fixed interest loan.

A Reccuring deposit (RD) is a financial instrument provided by Indian banks which provides investors with a higher rate of interest.

Lower interest rates are one of the highlights of this loan facility. The list of advantages of a loan against a life insurance policy is quite long and some of them are low-interest rates, higher loan amounts, minimal documentation, and quick loan disbursal.

The maximum loan you can get against your insurance policy varies from one insurance company to another. Generally, however, policyholders can get loans equal to 80-90 percent of the surrender value of the policy.

There is little doubt in the fact that a loan against a life insurance policy is a suitable secured loan. So if you have an emergency and are denied an unsecured loan, maybe this loan will help you overcome the same. To get a loan amount via this facility, individuals have just need to submit their policy as the collateral. Lower interest rates are one of the highlights of this loan facility.

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; by existing property owners to raise funds for any purpose while putting a lien on