Secured Loans require us to provide collateral in the form of a home, vehicle, land, etc. in the case of not being able to repay the loan. You can get loans for large amounts as well (more than ₹2,00,000).
Secured loans are most often offered by banks and other formal financial institutions like credit unions.

Example:
For example, if you take a loan and instead of showing your income as capable of repaying the loan, you put home or some other asset of equal or more value to the lender.