home equity credit meaning in Hindi

Noun

A type of loan in which the borrower uses the equity of their home as collateral.

एक ऋण का प्रकार जिसमें उधारकर्ता अपने घर की इक्विटी को गिरवी रखता है।

English Usage: He took out a home equity credit to finance his home renovation.

Hindi Usage: उसने अपने घर के नवीकरण के लिए गृह संपत्ति ऋण लिया।

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