Can I shift my home loan from one property to another?
Can I shift my home loan from one property to another?
No, you cannot transfer your home loan from one property to another in India. If you have taken a loan for one particular property, it is not possible to shift it to another property that you wish to buy.
Can I move my bond to another bank?
Often the new bank will pay the legal costs of the switch, but this is subject to a minimum duration of the new bond. The homeowners will be required to provide the new bank with copies of their payslip, bank statements, ID and all other documentation required to assess affordability.
How can I get NOC after loan clearance?
A No Objection Certificate (NOC) is a legal document issued by a housing finance company or bank to a customer declaring that he/she has no outstanding dues towards the lender. Sometimes referred to as a “No Dues Certificate”, an NOC can be obtained from the lender once the loan has been paid off completely.
Can we transfer home loan from one person to another India?
Yes, home loan can be transferred from one person to another only if the owner of the property decides to sell the property to a new buyer.
Can we sell a house which is on loan?
What is the process? Answer: In case you want to sell the property on which you have a running home loan, you will need your lender’s consent for the same. This consent is typically provided in the form of a letter which will typically provide the amount, on payment of which the outstanding loan will be fully paid off.
How do I transfer a bond?
It’s not difficult to transfer savings bonds to another person, but there are a few specific steps that you must take to do so. You must download, print, and complete the proper form from the official US Treasury Department website and sign it in front of a bank official before sending it in through registered mail.
Can you change banks if you have a loan?
Yes, you can transfer your personal loan to another bank. This is called refinancing and it involves taking out another loan to pay off your current one. Refinancing can have several advantages. It can help you save money if you switch to a lower interest loan.
How many days it will take to get NOC from bank?
The bank generally responds to your request in about three to four days or a maximum of seven working days, returns both your original documents and issues a closure letter or a no-objection certificate indicating that there is no outstanding amount to be paid, says C S Jain, head of personal banking at IDBI Bank …
How can I get NOC form?
How to Get NOC from RTO?
- Visit the local RTO personally and submit the application for the NOC.
- Next, submit duly-filled CMV 38 form along with the documents required by the RTO.
- The owner of the vehicle will need to visit the local RTO in person to submit the application for the NOC.