Stick to the reason and give a brief explanation of the reason. Provide all the details, like your account number, details of the loan, etc.Always mention the date on which you are writing the letter. A NOC letter is written formally, and the tone used should be polite.A NOC letter is addressed to the bank manager or the branch manager.Guidelines to Write a NOC for a Bank Loan A No objection certificate can be issued by the bank when requested by an account holder, either on taking a loan from the bank or upon completion of the already taken loan.Ī no objection certificate acts as proof that the bank has no objection to lending the money, and in the case of loan repayment, it acts as proof that the customer has no further obligation towards the bank and has repaid the loan amount. 5.3 Frequently Asked Questions on NOC for Bank Loans What is a NOC for a Bank Loan?Ī NOC is a “no objection” certificate.
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