Meaning of KANAKARAN
KANAKARAN
Language - Tamil
Tamil Word - கனகாரன்
The mortgagee or lender in a mortgage transaction, who provides a loan secured by the borrower's property. Example: In Tamil Nadu real estate, the 'kanakaran' is the financial institution or individual lending money to the borrower, with the property serving as collateral for the loan. This term emphasizes the role of the lender in mortgage transactions, providing financial assistance to borrowers while securing their investment through the property's value.
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