Sample is given below. However, as mentioned earlier, expenses incurred on your credit card will be reflected in your credit report against your card. Contact the bank and ask for it . I had taken a personal loan with HDFC bank in 2007 and paid back it in 2009, haven’t got the NOC. You need to check with the lender on why they updated the status as SETTLED and not CLOSED. And what about the notice they sent me asking me to attend conciliation camp to be held on 11th November? {BANK_NAME}, hi Should I still be asking for an NOC? Now, abhimanyu knows how to get back from chakravyuh.. thanks to Manish.. . Buying a property will always remain an exciting time considering the many emotions involved. Hi Manish, Yes, they will not ask for money. This certificate is  being issued on  the specific request of the above mentioned customer without any risk and responsibility on the part of the bank or any of its employees. Whenever a person pays off a loan, its important to take this NOC document from your lender. NOC is must have a document without which the concerned property is bound by legal hardships. Thanks to Manish for highlighting such a great issue. Though each bank may have the different format of NOC … Think from the bank point, if you had given back the money only after consistent pressure, then why will bank take the risk of giving loan to you again ? Could you please responds me as to what should I do. It should also have details about  VAT, Service tax and the transfer fees. Save my name, email, and website in this browser for the next time I comment. Here are his comments. Or is it inly during the closure of the CC? HI Manish, The Card that I availed COC loan on expired in October 2014 and bank issued me a new card. NO: {SOCIETY_REGISTRATION_NUMBER} Lately, online shopping is catching trend and a lot of users shop online using credit cards and opt for EMI options. Just make sure that the certificate carries the details of your property as well as the loan details, and the words ‘No Objection’ is clearly mentioned. Reference Number : 6xxxxxx Am planning to go for One Time Settlement with bank for my education loan. I have a doubt. Later on I needed the money badly, so I just surrendered the policy through an agent. It is neither a Law Firm nor a Chartered Accountancy or Company Secretary Firm. Once you get the NOC, your CIBIL database will be updated by the bank, and you will then be safely marked as a trustworthy customer. Most apartments have a cooperative society to ensure no ensure easy and conflict free living. My Noc document will help me to fight in future ? Same problem as Sandesh I had with Indus Ind Bank Kolkata recently. Its not fair . How a bank person can ask such a foolish question.. Hope they need a copy death certificate and it should gets closed. Now remaining amount is less and he can pay in one go. Yes, when you completely surrender a credit card, you need to have a NOC . Checking for the authenticity of the NOC is as important as the NOC itself. Had a Home Loan with Axis Bank and closed it and got an SMS from Bank as well as NOC document. Being aware of the legal and technical process and seeking expert help when needed sure saves time, money and regret.