The conversation between human and AI assistant.
How much time does it take for a loan to be disbursed?
Does the loan disbursal time differ for secured and unsecured loans?
Generally, the loan disbursal time for secured loans is shorter than that for unsecured loans, as the collateral provided by the borrower provides some security to the lender. However, this may not always be the case, and the actual disbursal time will depend on the lender and the loan type.