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"Dear Customer , Are you ready to make your dream home a reality? At BANK I'm Channel Partner , we offer competitive home loan rates and flexible terms to suit your needs. Apply now and take the first step towards owning your dream home. call us at +91 9545039627 for more details. What's App Now :- https://wa.me/+919545039627 DEFINATION A loan is a financial transaction where one party (the lender) provides money, assets, or resources to another party (the borrower) with the expectation that the borrower will repay the amount borrowed, plus an additional cost (typically interest), according to a predetermined schedule and set of terms. KEY CHARACTERISTICS Principal: The original sum of money borrowed. 2. Interest: The cost of borrowing from the principal, expressed as a percentage rate (e.g., APR - Annual Percentage Rate). 3. Term:- The duration over which the loan must be paid (e.g., 30 years for a...