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Bajaj Finance Limited

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What is a long-term loan

What is a long-term loan

0 Views | 29 May, 2026

A long term loan is a type of financing that is repaid over an extended period, usually ranging from five to thirty years, these loans are ideal for high value purchases like buying a home, starting a business, or funding higher education, they offer lower monthly payments but may result in higher overall interest costs

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