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Updated by Alisha Antil on Jul 03, 2020
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Alisha Antil Alisha Antil
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Mortgage

What is Mortgage Loan? Know Meaning & Definition | Bajaj Finserv

A mortgage is a secured loan against the value of your property that is secured by property which can be used to meet the needs of education, wedding, growing business needs, or unforeseen medical expenses and many more. Most run for 25 years but the term can be shorter or longer.