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  1. Apply for personal loan online with ICICI Bank and get quick approval. Get an instant loan of up to ₹50 lakh with low interest rates, flexible tenures, & no collateral.

  2. Dec 12, 2023 · A collateral loan is a type of loan that requires the borrower to submit an asset as collateral. In India, collateral loans are commonly used in the real estate sector. It allows individuals to borrow money against the value of their property.

  3. Jul 12, 2024 · When you apply for a collateral loan, the lender requires you to pledge an asset such as a property, vehicle, or personal assets like jewellery as collateral. The loan amount you can borrow is typically determined by the value of the collateral you provide.

  4. Dec 29, 2023 · To apply for a collateral loan, evaluate your financial needs, choose a lender, select the collateral, gather necessary documentation, fill out the loan application, and submit collateral assessment if required.

    • Dilip Prasad
  5. Dec 20, 2023 · A collateral loan in India is a financial arrangement where an individual or a business borrows money from a bank or a financial institution by offering something valuable as security, known as collateral.

  6. Jul 18, 2023 · Collateral for a loan is an asset or item of value used to secure the repayment of a loan. For a lender, collateral acts as a safety net if the borrower fails to keep up with repayment.

  7. 1. Higher Loan Amount. 2. Attractive Interest rates. 3. Quick Disbursal. 4. Flexible Loan Tenure. 5. No Physical Documentation. 6. Accident cover on the loan. Get Xpress Personal Loans up to ₹40 lakh. Whether it's debt consolidation, travel, or a major expense, get a loan instantly from ₹5,000 to ₹40 lakh!