Which of the following loans would be prudent?

Avoid personal loans! The amount of your income spent paying monthly loan installments keeps you from generating the surplus you need to achieve your financial goals. A housing loan can be considered an investment. It is something that you can turn into money in the future. On the other hand, a personal loan might help you satisfy a short-term need, but there's just so much it can do.

Check out this video to learn a bit more about loans. It takes less than 4 min and is worth riches! https://www.youtube.com/watch?v=L7zXxgEZ1pg&ab_channel=VyStarCreditUnion

Photo by rawpixel.com on Freepik Reference: Ultimate Financial Guide Personal Finance Demystified by Nikhil Kale. Ultimate FinPlan; 1st edition. 2021