Differentiate between loans and advances.

Question

13 Mar 2023

Answer :

Word Count : 246

The main differences between loans and advances:

Loans	Advances
Are a type of credit facility provided by banks and financial institutions to borrowers	Are a type of credit facility provided by banks to their customers
Are usually given for specific _______ ___ ___ _____ ______ _________ __________ _______ __________ _____ ________ ___. _____ ____ ________ ______ __________ __________ _____. ___ _____ __________ ____ ____ _____ _______. __________ __________ __________ ___ ___ _________ ______ _____ _____ ________ __________ _________. ____ __________ _____ _________ ___ ________ ___ __________ ________ ______. ________ ___ _____ ______ _______. ______ ___ ___ ____ _____ ________ _______ _____ ______ ____ ____. ____ __________ __________ ______ _____ ____ ________ _______. __________ _________ _______ ________ ________ __________ _______. __________ ________ _____ _______ __________. _______ _______ ________ ________ ______ _________ _____ _____ ____. __________ ________ ______ ___ ________ ___. __________ _____ _____ _________ ______ ___ _________ _____ _______ _________ ________. ________ _______ ________ ________ _______ _________ _______ _________ __________ ___ __________ ___. _____ ___ ____ ____ _______ __________ _____ ________ _________ ____ _____ ___. _______ _______ ____ ________ _________ _________ __________ ____ ___ ____ _____. __________ ___ _______ ______ _______ _____ _______ ____. ____ ___ ___ _______ ____ ____ _______ __________ ______ _______. ___ ____ ________ ___ __________. __________ ______ __________ ___ ___. __________ ______ ______ ___ _________ ____ ______. _______ ________ __________ ____ __________ __________ _____ __________ _______. ______ ___ _____ ___ _____. ______ __________ __________. Get Full Answer on WhatsApp Related Questions What do you mean by Holding Company? How it is different from subsidiary Company? What is meant by Book Building? Explain the steps involved in book building process. Differentiate between loans and advances. Explain the Books of account generally kept by the Bank. Differentiate between Amalgamation, Absorption and Reconstruction. What is meant by issue of Bonus Shares? Discuss the guidelines issued by SEBI for issue of bonus share. What are the various types of debentures? Describe each one of them briefly. IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers Login Cart IGNOU NEWS Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★ Cart ✖ Subtotal:₹200.00 Total:₹200.00 Please Buy Any 1 items to Proceed About Us About IGNOU Academy Cancel & Returns Terms & Conditions Privacy Policy Link Study Material Doubt & Query Question Blog Online Classes Teachers Classes Tuition Social Link © 2026 IGNOU Academy. All Rights Reserved. 2025 New Top 📞 Call Support Instant phone assistance Differentiate between loans and advances. → 🟢 WhatsApp Chat Fast live messaging → ✉ Email Us Business enquiries & support →

Loans

Advances

Are a type of credit facility provided by banks and financial institutions to borrowers

Are a type of credit facility provided by banks to their customers

Are usually given for specific _______ ___ ___ _____ ______ _________ __________ _______ __________ _____ ________ ___.
_____ ____ ________ ______ __________ __________ _____.
___ _____ __________ ____ ____ _____ _______.
__________ __________ __________ ___ ___ _________ ______ _____ _____ ________ __________ _________.
____ __________ _____ _________ ___ ________ ___ __________ ________ ______.
________ ___ _____ ______ _______.
______ ___ ___ ____ _____ ________ _______ _____ ______ ____ ____.
____ __________ __________ ______ _____ ____ ________ _______.
__________ _________ _______ ________ ________ __________ _______.
__________ ________ _____ _______ __________.
_______ _______ ________ ________ ______ _________ _____ _____ ____.
__________ ________ ______ ___ ________ ___.
__________ _____ _____ _________ ______ ___ _________ _____ _______ _________ ________.
________ _______ ________ ________ _______ _________ _______ _________ __________ ___ __________ ___.
_____ ___ ____ ____ _______ __________ _____ ________ _________ ____ _____ ___.
_______ _______ ____ ________ _________ _________ __________ ____ ___ ____ _____.
__________ ___ _______ ______ _______ _____ _______ ____.
____ ___ ___ _______ ____ ____ _______ __________ ______ _______.
___ ____ ________ ___ __________.
__________ ______ __________ ___ ___.
__________ ______ ______ ___ _________ ____ ______.
_______ ________ __________ ____ __________ __________ _____ __________ _______.
______ ___ _____ ___ _____.
______ __________ __________.
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IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

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Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★

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