Yes you can. When creating a loan product, you have the option of specifying where to disburse the loan amount, which can be a choice of the wallet, bank account, restricted wallet or to a third party on behalf of the user.
For example, if a user is in urgent need of money and needs it disbursed straight into their bank account, a lender is able to able to modify this for them. This makes the process much quicker and convenient for both the lender and borrower.
Read more on How to configure restricted wallet on your loan products
When you log onto your Lendsqr Admin Console, navigate to your Loan Product settings, and under the Disbursement details section, you are given a Disburse to option, where you can choose your disbursement destination.
For more information on how to to create a loan product, watch this video