Just finished paying off your Home Loan? Well, before you heave a sigh of relief there is one more essential task that needs to be done – getting the NOC. The NOC or ‘No Objection Certificate’ is a legal document that is issued by the lending institution that approved your Home Loan in India and provided you with the Home Loan Sanction Letter. An NOC states that the borrower has no outstanding dues toward the lender. It must be submitted to the registrar of properties to strike off the lien of hypothecation.
There are multiple factors that confirm the importance of getting an NOC; some of which are listed below:
-
Without NOC, the lender remains the owner of your property: If you encounter a failure in getting an NOC and submitting it to the registrar of properties after you’ve paid off the Home Loan, the lending institution – that is the financial institution from which you availed of the loan, will continue to be the property owner of your property. This is even after you have completely paid off the Home Loan. And until the ‘lien of hypothecation’ is successfully struck off, you can’t sell the house.
-
It helps sanitise your credit report: Getting the NOC is like the final step toward achieving a clean credit or CIBIL report. A Home Loan is completely closed only after you have taken the NOC from the bank/lender. Often borrowers request NOC but may miss to follow up later, consequently impacting their credit score. NOC can be obtained from your nearest Home Loan branch or even online. In either case, you need to make sure that the certificate carries all kinds of details of your property as well as the loan details, and that the words ‘No Objection’ are mentioned clearly. Once you receive the NOC, the CIBIL database will be updated by the lender and you’ll then be marked as a reliable customer.
-
You are in a better position to borrow a new loan: Once you manage to maintain a good credit score, availing of another loan will be seamless since lenders check a customer’s creditworthiness or credit score before disbursing a housing loan to them. So, if you have been considering yet another loan – be it a home or a personal loan – it’s essential that you close the earlier loan first. And to close the existing Home Loan in India, receiving an NOC is important. Once you’ve received the NOC, you can submit the title deed as collateral for another loan.
-
You can claim insurance in case of damage to property: As you may have known by now, obtaining the NOC will make sure that the lender doesn’t have charges levied over the property. One of the major benefits is that you can receive insurance claims in case of the destruction of the property. Once you receive an NOC, the insurance firm will make payments of the claim to you instead of the lender.
So, once the repayment process is over, obtain the NOC. Remember that you should finish formalities within a stipulated period. If you have taken a house loan from any reliable and reputed lender, you can always visit the branch, log in on their official website or reach out to them via phone banking to learn more about the detailed process of receiving an NOC after you are done paying the last EMI on the housing loan.
Additional Read: What is an NOC Letter?
What Should You Do in Case You Have Misplaced Your NOC?
What if you took an NOC in the past but lost it later and need it now? An FIR is typically required to be lodged if the NOC letter goes missing. Then, a request to the financial lender should be made with a copy of the FIR and other relevant loan details. However, getting a duplicate NOC letter may take time and effort for a follow-up.
Many lending institutions have made available the format of NOC letter on their official websites. Make sure that the certificate carries the details of the property along with the loan details. The text “no objection” also needs to find a suitable mention. An essential thing to recall is that NOCs of some lenders have a validity that extends for a limited period. It is recommended to check the validity with your lender.
The Process of Obtaining an NOC Letter
Steps to Obtain an NOC Letter
The following are the steps to obtain a Home Loan NOC:
Step 1: Reach out to the lender and apply for NOC by filling up a form after paying the last EMI.
Step 2: The lender will process your NOC form by verifying the information provided by you.
Step 3: After the verification is successful and the application is processed, the lender will send the NOC via post to the registered address.
How long does it take to receive an NOC letter?
While an exact estimate cannot be provided for the same, you can expect the delivery of the Home Loan NOC letter within a few days of Home Loan completion or NOC application.
How an NOC letter can affect your credit score?
During the calculation of the CIBIL score, the NOC can be referred to by the credit bureaus under certain special circumstances. For instance, if the lender does not update the loan closure to the credit bureau, your credit report will not be updated. In such a case, you can submit the NOC to establish the fact that your past loan has been fully repaid.
In this case, your credit score will be saved from getting affected. Besides this, there is no other significant reason for your NOC to intervene in your credit score, but it’s always best to have one, nonetheless.
Concluding Thoughts
Few lenders may send a Home Loan NOC letter by post and on their own to your residential address. However, if not, you’ll have to follow the method mentioned below. Remember, that some steps may differ from one lender to another, but here are the general steps:
Step 1: Reach out to the lending institution from whom you’ve availed of the loan. Try to get hold of the NOC transference form. Fill the form with the required and accurate information. Please submit it to the manager or relevant employee associated with the lending institution.
Step 2: The lending institution will review the application, whether all the EMIs are fully paid, and whether there are no outstanding dues.
Step 3: Once the application review is executed, the lender will send the NOC for the housing loan to the address mentioned on the NOC application form or the housing loan application form.
Note: The content on this page is for informational purposes. Processes at Bajaj Housing Finance may be different.
*Terms and conditions apply.
Also Read: Know the Do’s and Don'ts Foreclosing a Home Loan
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles

home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?2024-01-30 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Property Search Guide for First-Time Homebuyers2025-05-20 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Property: A Balanced Approach to Financing2025-05-20 | 3 min

tax Tax
[N][T][T][N][T]
How to Reduce the Loan Against Property Interest Rate?2023-12-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Making the Shift: Benefits of Moving from Pre-EMI to Full EMI in a Home Loan2025-05-20 | 4 min

cibil Cibil
[N][T][T][N][T]
Loan Rejection Impact on CIBIL Score2024-12-23 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Pay Off Your Home Loan Quicker2024-03-11 | 4 Min

[N][T][T][N][T]
NRI Home Loans: 5 Things to Keep in Mind Before Applying2024-02-15 | 4 min

[N][T][T][N][T]
7 Benefits of Taking a Home Loan in India2024-06-19 | 3 min

cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min

home+loan Home Loan
[N][T][T][N][T]
How to Calculate Home Loan EMIs2022-06-14 | 5 Mins

home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenure that Suits Your Budget2023-06-29 | 5 min

cibil Cibil
[N][T][T][N][T]
Does CIBIL Score Affect Loan Against Property Eligibility?2023-02-15 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Secured vs Unsecured Loan - Know the Difference2023-08-24 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
5 Important Reasons to Opt for a Loan Against Property to Start Your Own Business2023-02-10 | 2 min

cibil Cibil
[N][T][T][N][T]
Ways You Can Improve your Credit Score for a Small Business2023-03-01 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan for Self-Employed: Three Steps to Improve Your Approval Chances2025-03-12 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Everything You Wanted to Know About Loan Against Property2023-12-16 | 5 Min

loan+against+property Loan Against Property
[N][T][T][N][T]
Step-by-Step Process How to Apply for a Loan Against Property2024-03-05 | 4 Min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min

[N][T][T][N][T]
7 Smart Ways to Optimise Your Home Loan Interest Repayments2025-04-03 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the Benefits of a Home Loan EMI Calculator2023-07-12 | 5 min

cibil Cibil
[N][T][T][N][T]
Minimum CIBIL Score for Business Loans2023-04-17 | 5 min

cibil Cibil
[N][T][T][N][T]
Reasons to Maintain a Positive Credit Profile and a High CIBIL Score2023-03-01 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Why Professional Loans Against Property Are Financially Beneficial?2023-03-03 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan EMI Calculator Benefits and It’s Features2024-02-21 | 4 min

[N][T][T][N][T]
What is the Purpose of CIBIL Score?2023-03-25 | 4 min

cibil Cibil
[N][T][T][N][T]
Importance of CIBIL Score & Tips To Improve It2023-02-21 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Smart Things to Consider Before You Apply for a Home Loan2022-12-14 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Why Loan Against Property Can be a Good Credit Option for a Startup Business?2023-12-22 | 5 Min

home+loan Home Loan
[N][T][T][N][T]
Understanding Sale Deed in Home Loans: Why It Matters2025-05-12 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Smart Home Loan Planning After 45: Tips and Strategies2025-05-13 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Reasons Why a Housing Loan Application May Be Rejected2024-02-14 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Benefits for First-time Woman Buyers2024-05-14 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Choose the Best Home Loan?2023-08-09 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Tips to Avoid Rejection of Your Home Loan Application2023-08-01 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan for Rs.70,000 Salary: How Much Can You Borrow?2025-03-18 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loans for Salaried Employees: Eligibility, Documents, and Application Process2025-03-18 | 3 min

[N][T][T][N][T]
Home Loan for Pensioners: Eligibility and Benefits2025-03-11 | 3 min

tax Tax
[N][T][T][N][T]
How Much Tax Can be Saved Under Sections 80C, 80D, and 80G?2024-05-15 | 5 min

home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Age to Buy a House?2025-03-19 | 2 min

tax Tax
[N][T][T][N][T]
Difference Between Old vs. New Tax Regime2024-08-22 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Mortgage Loan Underwriting Process: What You Should Know2025-05-12 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding How Home Loan Interest Rates Are Determined2025-05-12 | 5 min

[N][T][T][N][T]
5 Benefits of Availing of a Home Loan at an Early Age2024-05-10 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Benefits of a Home Loan2023-02-20 | 4 min

cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min

tax Tax
[N][T][T][N][T]
What Does It Mean to Have a CIBIL Score of -12023-06-16 | 4 min

cibil Cibil
[N][T][T][N][T]
Why Is It Important to Check Your Credit Report and How Often?2023-03-22 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Stamp Duty and Property Registration Charges2024-03-13 | 5 min

cibil Cibil
[N][T][T][N][T]
What Does a Zero or Negative Credit Score Mean?2023-02-24 | 4 min

tax Tax
[N][T][T][N][T]
What is a Property Tax in India and How is It Calculated?2024-03-13 | 4 min

cibil Cibil
[N][T][T][N][T]
What's Considered a Healthy Credit Mix?2024-06-11 | 3 min

cibil Cibil
[N][T][T][N][T]
What Distinguishes CIBIL Score from CIBIL Report?2024-04-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
What Is a Pre-Approved Home Loan and How Should You Get It Done?2024-03-12 | 5 min

home+loan Home Loan
[N][T][T][N][T]
What is an NOC Letter and Why is it Important?2024-05-14 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
A Guide to Loan Against Property for Doctors2022-06-27 | 5 Min

home+loan Home Loan
[N][T][T][N][T]
What Is Home Loan Eligibility and How Is It Calculated2024-07-11 | 6 min

cibil Cibil
[N][T][T][N][T]
What Is Credit Utilization Ratio and How Can You Improve It?2024-03-22 | 5 min

cibil Cibil
[N][T][T][N][T]
What is Credit Score and Its Impact on Loan Availability2023-03-27 |

cibil Cibil
[N][T][T][N][T]
What Is Credit Mix and How Can It Help Your Credit Score?2023-07-12 | 3 min

cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min

home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min

cibil Cibil
[N][T][T][N][T]
What Are Tradelines and How to Find Them On Your Credit Report?2024-05-28 | 4 min

home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan2024-01-16 | 5 min

cibil Cibil
[N][T][T][N][T]
5 Ways to Increase CIBIL Score After Job Loss2023-03-21 | 4 min

cibil Cibil
[N][T][T][N][T]
Ways to Improve Your Credit Score with a Credit Card2024-02-02 | 4 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Property for Doctors: Interest Rates and Charges2023-11-24 | 6 Min

home+loan Home Loan
[N][T][T][N][T]
Understanding Composite Home Loans: A Smart Financing Option for Plot and Construction2025-05-08 | 3 min

cibil Cibil
[N][T][T][N][T]
How to Check CIBIL Score Online?2023-03-14 | 5 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min

home+loan Home Loan
[N][T][T][N][T]
What are the Different Types of Loans Available in India?2024-01-02 | 5 Min

home+loan Home Loan
[N][T][T][N][T]
Types of Home Loan Charges2024-01-22 | 3 Min

loan+against+property Loan Against Property
[N][T][T][N][T]
Top 5 Issues Regarding Loan Against Property Application Rejection that You Might Face2023-02-14 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Conversion Charges Explained: What They Are and When They Apply2025-05-09 | 2 min

tax Tax
[N][T][T][N][T]
Tax Benefits on Home Loans for Self-Employed Individuals: What You Need to Know2024-06-07 | 4 min

[N][T][T][N][T]
Tips to Manage Loan Against Property Repayments Efficiently2024-02-21 | 3 min

home+loan Home Loan
[N][T][T][N][T]
5 Strategies to Manage High Home Loan EMIs Effectively2023-02-22 | 6 min

cibil Cibil
[N][T][T][N][T]
Top Tips to Improve Credit Score Immediately to Get Your Loan Approved2023-03-30 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Five Tips to Choose the Right Digital Platform for Home Loans2023-02-09 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2024-04-25 | 6 min

home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min

cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min

[N][T][T][N][T]
What Is the OCR in a Home Loan? A Complete Guide2025-05-09 | 6 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding SDMC Property Tax: A Guide to Online and Offline Payment Methods2025-05-08 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Mortgage Loan Against Vacant Land: A Feasible Way to Unlock Property Value2025-05-05 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Stamp Duty and Registration Charges in Tamil Nadu2025-05-08 | 6 min

home+loan Home Loan
[N][T][T][N][T]
What Are Closing Costs? Understanding the Final Steps of a Home Purchas2025-05-07 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Need More from Your Home Loan? Here’s How You Can Optimise I2025-05-07 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
How to Apply for a Loan Against Property Online in Bangalore?2025-05-05 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Transfers: Unlocking Better Rates and Terms2025-05-07 | 2 min

[N][T][T][N][T]
Decoding Credit Scores: Understanding Their Role and Impact2025-05-05 | 4 min

[N][T][T][N][T]
The CIBIL Score Advantage for Loan Approval2025-05-05 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Credit Score and High-Interest Rates: How They Can Affect Your Loan Journey2025-05-05 | 8 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding OTC and PDF in Loan Against Property2025-05-05 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Equitable Mortgage vs Registered Mortgage: Key Differences Explained2025-04-30 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Taking a Home Loan to Buy a Property for Investment? Here Are 5 Points to Consider2023-04-17 | 5 min

home+loan Home Loan
[N][T][T][N][T]
A Complete Guide on the Benefits of Joint Home Loan2022-11-16 | 5 min

home+loan Home Loan
[N][T][T][N][T]
4 Key Benefits of Home Loan Balance Transfer to Bajaj Housing Finance Limited2023-01-09 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Top Things to Keep Track of While Doing a Home Loan Balance Transfer2022-12-18 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Importance Of a Good Credit Score in The Home Loan Process2023-03-20 | 4 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Transform Your Space with a Loan Against Property for Home Renovation2024-12-26 | 2 min

loan+against+property Loan Against Property
[N][T][T][N][T]
A Guide to Calculate Loan Against Property EMI2025-01-08 | 2 min

[N][T][T][N][T]
How to Choose the Right Home Loan2024-11-26 | 4 min

home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min

[N][T][T][N][T]
Top 3 Reasons to Buy a Home Before You Reach 302024-12-11 | 3 min

cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min

cibil Cibil
[N][T][T][N][T]
Importance of CIBIL Score for Achieving Business Goals2024-03-13 | 5 min

[N][T][T][N][T]
3 Ways to Reduce Your EMIs with a Home Loan Balance Transfer2024-05-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Calculate Your Home Loan Eligibility2025-03-05 | 3 min

loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of Loan Against Property Over Collateral-free Loans2023-02-23 | 3 min

cibil Cibil
[N][T][T][N][T]
7 Tips to Help You Improve Your CIBIL Score2024-05-15 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Factors Determining Your Home Loan Eligibility2024-03-13 | 4 min

loan+against+property Loan Against Property
[N][T][T][N][T]
What Are the Eligibility Criteria for Obtaining a Loan Against Property?2023-03-28 | 4 min

[N][T][T][N][T]
Everything You Must Know About NRI Home Loans2024-02-16 | 3 min

tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?