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Some examples of personal loans include installment loans, lines of credit, and payday loans.
Some examples for Real Accounts are cars and houses, while examples for Personal Accounts are credit cards.
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Several types of personal loans are available in the market today, designed to meet different financial needs. Some popular examples include: Debt Consolidation Loan – Combines multiple debts into a single loan, making it easier to manage repayments. Medical Loan – Helps cover sudden hospital bills, treatments, or emergency medical expenses. Wedding Loan – Supports wedding-related expenses without disturbing long-term savings. Travel Loan – Finances vacations, international trips, or family holidays. Home Renovation Loan – Covers the cost of repairs, remodeling, or upgrading a house. Education Loan (as a personal loan option) – Useful when students need quick funds for tuition or related expenses. For any of these, repayment is done through a personal loan EMI. The EMI depends on the loan amount, tenure, and interest rate. To plan better, borrowers can use tools like the personal loan calculator available at platforms such as Loan Quantum. It helps calculate EMIs instantly, compare different loan options, and choose the one that best fits monthly budgets.
Some examples of personal spending categories include groceries, dining out, entertainment, clothing, transportation, housing, utilities, and healthcare.
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some examples of technology used in agriculture is plows,tractors,cattle...etc.
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