InvestorQ : Can banks give money for an eatable commodity?
Reshma khatoon made post

Can banks give money for an eatable commodity?

Answer
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Ashutosh rana answered.
5 months ago


No. The bank will not give


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Dia Deshpande answered.
5 months ago


You can get personal loans for consumption purposes but there is not specific loans given for such purposes. You can also use your credit card for this purpose which is also a part of your overall loan liability. Banks do have tie ups with dealers but that is only for financing consumer durables.