Dictionary
Financial Glossary A–Z
Plain-language definitions of loan, credit, and investment terms used on Bharosa and across Indian fintech.
A
C
CIBIL Score
A CIBIL score is a three-digit credit score (300–900) issued by TransUnion CIBIL in India, reflecting your repayment history and creditworthiness.
Collateral
Collateral is an asset (gold, property, shares) pledged to secure a loan. Bharosa personal loans are unsecured — no collateral required for eligible borrowers.
E
EMI (Equated Monthly Instalment)
EMI is a fixed monthly payment a borrower makes to repay a loan, combining principal and interest components over the agreed tenure.
Escrow
An escrow account holds funds with a neutral third party until loan conditions (KYC, agreement, funding) are met — then money is released to the borrower.
Escrow Account
An escrow account is a neutral third-party account where funds are held until predefined conditions (such as loan funding or document verification) are met.
K
N
P
P2P Lending
Peer-to-peer (P2P) lending connects individual lenders directly with verified borrowers through a regulated technology platform, bypassing traditional bank intermediation.
Personal Loan
A personal loan is unsecured credit borrowed for individual needs — medical bills, education, weddings, or emergencies — repaid via fixed EMIs.