{"id":4128,"date":"2022-10-21T06:07:07","date_gmt":"2022-10-21T06:07:07","guid":{"rendered":"https:\/\/msmefinserv.com\/?p=4128"},"modified":"2023-05-19T11:52:19","modified_gmt":"2023-05-19T11:52:19","slug":"what-is-a-secured-loan","status":"publish","type":"post","link":"https:\/\/msmefinserv.com\/index.php\/2022\/10\/21\/what-is-a-secured-loan\/","title":{"rendered":"What is a secured loan?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4128\" class=\"elementor elementor-4128\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f07fa1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f07fa1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ea06d3 ot-flex-column-vertical\" data-id=\"3ea06d3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eed503b elementor-widget elementor-widget-iheading\" data-id=\"eed503b\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        <span class=\"is_highlight\">our blog<\/span>\t        <h2 class=\"main-head\">What is a secured loan? <\/h2>\t    <\/div>\r\n\t    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-000d952 elementor-widget elementor-widget-text-editor\" data-id=\"000d952\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A loan which is secured against any legitimate or qualified asset is called as a secured loan. An asset which can be kept as a security can be a moveable or immovable asset owned in the name of the applicants or co-applicants.<\/p><p>There are many types of secured loans namely: &#8211; Property Mortgage Loans (Home Loans, Loan against Property etc.), Car loans, Gold Loans, working capital Loans, Loan against Shares etc.<\/p><p>These types of loans are generally suitable to self-employed or businesses for their specific business requirements (In case of working capital loans) or when there is a need to raise large amount of loan for a longer tenure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-567e692 elementor-widget elementor-widget-text-editor\" data-id=\"567e692\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Secured loans have an advantage over unsecured loans in terms of Rate of Interest, loan amounts and also the tenure of the loans available. Generally unsecured loans does not have tenures more than 4-5 years wherein the secured loans can have tenures in excess of 20 years also (in case of Home loans) , Thereby increasing the loan eligibility of the applicants. Rate of Interests of Unsecured loans are substantially higher than the rate of interest of secured loans at any given repo rate scenario<br \/><br \/>The most common loans under secured loans are \u2013 Car Loans, Gold Loans, and Loan against Property and Home Loans, which can be applied by salaried as well as self -employed\/businesses alike.<br \/><br \/>For more information on the products please refer website \u2013https::\/\/msmefinserv.com\/<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>our blog What is a secured loan? A loan which is secured against any legitimate or qualified asset is called as a secured loan. An asset which can be kept as a security can be a moveable or immovable asset owned in the name of the applicants or co-applicants. There are many types of secured [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-4128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-consulting"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/4128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/comments?post=4128"}],"version-history":[{"count":5,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/4128\/revisions"}],"predecessor-version":[{"id":4134,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/4128\/revisions\/4134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/media\/4133"}],"wp:attachment":[{"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/media?parent=4128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/categories?post=4128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/msmefinserv.com\/index.php\/wp-json\/wp\/v2\/tags?post=4128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}