InvestorQ : Can an individual get a commercial vehicle loan without a bank account?
Swapnil Sarang made post

Can an individual get a commercial vehicle loan without a bank account?

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simran Kaur answered.
3 years ago
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Unfortunately, no.

A bank account is a mandatory requirement for taking a commercial vehicle loan. If one doesn’t have a bank account, then he/she can apply for a new bank account which will be considered even if it has no recent transactions.

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