What happens in case of loan default or EMI default of a home loan, car loan, personal loan, credit card, loan against property, education loan, student loan, gold loan etc.?
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Secured Loans vs Unsecured Loans: https://youtu.be/BJTPZPuohLE
इस वीडियो में हम समझेंगे की होम लोन, कार लोन, पर्सनल लोन, क्रेडिट कार्ड, लोन अगेंस्ट प्रॉपर्टी, एजुकेशन लोन, स्टूडेंट लोन आदि ना भर पाने, लोन या ईएमआई डिफ़ॉल्ट करने की स्थिति में क्या होता है।
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In this video, we have explained:
What is an unsecured loan?
What happens if you default loan or default EMI of any loan?
What are the consequences of loan default of an unsecured loan like personal loan, credit card, education loan, student loan?
What are the adverse effects of unsecured loan defaults?
How EMI defaults of unsecured loan affect your CIBIL score and credit history?
What is secured loan?
What happens in the case of secured loan defaults?
What will happen if you default home loan, gold loan, car loan, loan against property?
What is the bank recovery process for secured loans?
What happens in the case of borrowers death?
What is the auction process of secured loan defaults?
What can you do if the bank sends you an auction notice?
How banks recover loan repayment default?
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Hope you liked this video in Hindi on “Loan Repayment Default”.