alexa

Search in Indianmoney's WealthPedia

  
Home > Videos > Primary Security vs Collateral Security Explained in Hindi | IndianMoney Hindi

Primary Security vs Collateral Security Explained in Hindi | IndianMoney Hindi

Start your Journey to Become Rich with IndianMoney's Financial Freedom App,

Download here: https://indianmoney.com/ffa/FmCSZ69pHo

 

The security taken by banks while lending loans is just like insurance against an emergency

Banks lend loans to people for various purposes like buying a house, land, care etc

In case the borrower does not repay the loan the bank will acquire the security.

There are two kinds of security, they are, primary security and collateral security.

Many think that these two are one and the same. But, there is a difference between these two.

Watch this video to know the difference between Primary Security vs Collateral Security.

 

 
Get the Best Financial Advice on Click Here

Recent Videos

 
 
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.