Millions of Indians search for the mortgage loan meaning in Hindi every month – and for good reason. While the concept of pledging property to secure a large loan has existed in India for centuries (known as Bhandak Rin or Girvi in Hindi), the modern mortgage loan product offered by Indian banks and NBFCs today is far more structured, regulated, and borrower-friendly than most people realise.   A mortgage loan – known in Hindi as Bhandak Rin (बंधक ऋण) or Girvi Loan (गिरवी ऋण) – is a secured loan where you pledge your immovable property (residential, commercial, or land) as collateral to borrow a large sum of money from a bank or NBFC. The lender holds a legal charge over the property until the loan is fully repaid. If the borrower defaults, the lender has the legal right to sell the property to recover the outstanding amount.