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Why Lenders and Fintechs Ask for a Cancelled Cheque Leaf During Account Setup

When setting up financial accounts or applying for credit-based services like the Bajaj Finserv Insta EMI Card, one document you’re often asked to provide is a cancelled cheque leaf. Though it may appear insignificant, this simple paper plays a critical role in ensuring account verification, fraud prevention, and seamless transaction processing. This article breaks down…

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