Where to take loan from government bank or private bank 2024 Know the truth

Where to take loan from government bank or private bank Know the truth / If you want to take loan, then definitely you must also think that from which bank you should take loan from which bank it will be beneficial to take loan from government bank or Then it would be right to take a loan from a private bank.

And the biggest question that stands in front of everyone is that from where you will get the loan most easily, government bank or private bank, today we will give you information through this post that where you will get loan easily and with Where should you apply for the loan?

Government Banks of India? (Where to take loan)

If you want to take a loan from a government bank in India, then you can contact these banks, it is the main government bank of India, through these banks you can take business loan, personal loan, car loan, home loan etc.

  1. State Bank of India
  2. Punjab National Bank
  3. Indian Bank
  4. Central Bank of India
  5. Bank of India
  6. Punjab & Sind Bank
  7. Union Bank of India
  8. Indian Overseas Bank
  9. UCO Bank
  10. Bank of Maharashtra
  11. Bank of Baroda
  12. Canara Bank

Major Private Banks of India?

As a leading private bank of India, you can easily get Business Loan Personal Loan Home Loan Car Loan Bank Loan from the following bank.

  1. HDFC bank
  2. ICICI Bank
  3. Axis Bank
  4. Kotak Mahindra Bank
  5. Yes Bank
  6. South Indian Bank
  7. Bandhan Bank
  8. csb bank
  9. City Union Bank
  10. DCB Bank
  11. Dhanlaxmi Bank
  12. federal bank
  13. IDBI Bank
  14. IDFC First Bank
  15. Jammu and Kashmir Bank
  16. Induslnd bank
  17. Karnataka Bank
  18. Karur Busy Bank
  19. Nainital Bank
  20. RBL Bank
  21. Tamil Nadu Marketing Bank

Where should we apply for loan?

Whether we want to start our business, build a house or fulfill the dream of buying a car, we are dependent on the bank, but when we apply for the loan in the bank, the bank rejects our loan application and we do not get the loan.

If we need a loan, then from where do we take a loan, what is such a simple way that we can get the loan easily and the biggest question that everyone has is that where can we get the loan without any hassle, we can get the loan from the government bank. Should take loan from or take loan from private bank.

Benefits of taking a loan from a government bank?

Friends, if you ever need a loan, then you should first try to take a loan from a government bank. Many problems are also seen, but today we are talking that if you want to take a loan from a government bank, then what are the benefits you will get to see / and know from where to take a loan.

Lowest interest rate? Where to take loan?

By taking a loan from a government bank, you get to see the biggest advantage that here you get the loan at the lowest interest rate, whether you take a business loan or a personal loan.

If you also take a personal loan from a government bank, then here you get to see a personal loan at an interest rate of less than 10 percent, which in any private bank you get to see it from 12 percent to 18 percent.

Whether it is a business loan or a car loan, a personal loan or a home loan, you will get to see the least interest rate here, that’s why most of the biggest businessmen prefer to take loans from government banks, here you have to get a private bank loan. Loan is available at much lower interest rate than.

No hidden charges? Where to take loan?

The biggest advantage you get in a government bank is that whenever you take a loan from here, you do not get to see any hidden charge, whichever charge the bank takes from you is already fixed. For this reason also taking a loan from a government bank can be a very profitable deal for you.

When you take a loan from a private bank, you get to see a lot of hidden charges, they come to you only when you have taken the loan, as well as the bank employees do not give you complete information while taking a loan from a private bank, they give you the same information. In which you get to see the benefit and so that you can take a loan from them.

Benefits of government schemes? Where to take loan?

If you take a loan from a government bank, then you get to see the biggest advantage that the benefits of government schemes will be seen first here. and you can get loan from government bank very easily on the basis of these schemes.

Under the Prime Minister’s Employment Generation Program, you can get a loan from the government bank and here you also get to see the subsidy, so that you can start your business very easily and without interest for some time through the assistance amount. Starting this business helps to take your business forward.

Similarly, you can also get a loan from a government bank under the Chief Minister’s Village Industries Employment Scheme, which gives you a loan of up to ₹ 1000000 very easily, here you are given a loan without interest for 5 years, so that you get a lot of money. Money and convenience are available. Where to take loan

Bank availability everywhere?

You get to see government banks everywhere in the whole of India, even if you live in rural areas, you will get to see some government bank somewhere near you, from where you can easily do all your bank related work.

Private banks open their banks only in the place where they see profit, such as industry sector as well as big cities and corporate areas, only in this type of place you will see big and private banks but government banks you will see everywhere. Whether you live in the village area, live in the city or live in the town.

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