From personal loans and credit cards to agricultural loans and app-based digital lending — independent borrower guidance for all 30+ loan types across all Indian banks, NBFCs, MFIs, and fintech lenders.
| Loan Type | Secured? | SARFAESI? | NPA Timeline | OTS Possible? | DRT Threshold |
|---|---|---|---|---|---|
| Personal Loan | Unsecured | No | 90 days | Yes | ₹20L+ (civil suit <₹20L) |
| Credit Card | Unsecured | No | 90 days | Yes | ₹20L+ |
| Home Loan | Secured | Yes | 90 days | Yes | ₹20L+ |
| Business Loan (Secured) | Secured | Yes | 90 days | Yes | ₹20L+ |
| MSME Loan | May be | If secured | 90 days | Yes | ₹20L+ |
| Gold Loan | Secured (Gold) | No (auction) | 90 days | Before auction | Not typical |
| Vehicle Loan | Secured (Vehicle) | Not typical | 90 days | Yes | ₹20L+ |
| App / Digital Loan | Unsecured | No | 90 days | Yes | Rarely applicable |
| Microfinance Loan | Unsecured | No | 90 days | Yes | Rarely applicable |
| Agricultural / KCC | May be | If secured | 1 crop cycle | Yes + Govt schemes | ₹20L+ |
⚠ This table is for general awareness only. Actual terms vary by lender and specific loan agreement. Not legal or financial advice.
Most common loan type in India. All private banks, PSU banks, and NBFCs. EMI default after job loss, salary cut, or medical emergency.
Revolving credit with high interest. Minimum due traps, aggressive recovery agents. OTS possible for long overdue accounts.
LazyPay, ZestMoney, Simpl, Bajaj EMI Card. Aggressive collection. RBI Digital Lending Guidelines apply.
SARFAESI applicable. 60-day window after Section 13(2). Large EMI burden. Banks can initiate property auction proceedings.
Secured against property. High loan amounts. SARFAESI proceedings possible. Business owners and self-employed most at risk.
Secured against gold. Bank can auction gold after NPA. Act before auction notice — OTS or repayment is possible once notice is given.
DRT risk for amounts ≥₹20L. SARFAESI if secured. Post-COVID business failures led to massive NPA wave. Multiple settlement paths available.
Small business loans with government backing. NPA common for micro and small enterprises. Restructuring and OTS both available.
Revolving credit facility for businesses. Usually secured. SARFAESI possible. Bank may freeze account and call full outstanding.
Fast-disbursement unsecured loans via mobile apps. Aggressive recovery tactics — contact misuse, photo threats — are illegal under RBI Digital Lending Guidelines 2022.
Group lending to women and rural borrowers. MFI recovery harassment is common in rural Maharashtra, Andhra, Telangana, and Bengal.
Short-term salary advances from employer-linked apps. Rollover debt trap is common. RBI guidelines apply to registered lenders.
Secured against vehicle. Banks can repossess vehicle after default through legally prescribed process. Act before repossession for OTS options.
Moratorium during study period. Employment difficulty post-graduation leading to EMI default. Government guarantee schemes complicate settlement.
Special NPA classification rules (crop cycle-based). State government waiver schemes may apply. NABARD and RBI special frameworks for agri NPA.
Tell us your loan type, bank, and situation. Our expert will identify the right approach for your specific case.
⚠ Independent guidance. No guaranteed settlement.