What are different types of unsecured loans?

What are different types of unsecured loans?

Banks, NBFCs, government departments and other financial institutions provide a wide variety of unsecured loans/ funding. The most prominent among them are as follows:

  • Business Loans
  • Personal Loans
    • Loans for vacations
    • Loans for marriages
    • Home renovation/ repair loans
    • Vacation/ Holiday loans
    • Education loans

Please note that these loans might be known by different names depending on the institution providing them and the above list is indicative and not exhaustive.