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Can i change another bank after disbursing my loan with previous bank
02-Sep-2023 (In Banking / Finance Law)
I have taken a loan from bob in 8/2016 of 11 lakh .my property is under cunstucon now ,95% is completed.my loan sanction letter & banakhat mention in my name (male).my loan disbursement is 10 lakh.final property registration is pending . If i change another bank with co applicant name ie. Wife name please give me advice how i get benifit of pmoy ?
Yes, you can do that. For this, you need get an agreement drafted so that there is no problem in the future. Most of the banks create a lot of fuss about not giving the "No Objection Certificate" and this can be solved when they are directly dealing with a lawyer.
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Adv. Mohit Sharma
Delhi | 25+ Answers
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