Noc for bank loan transfer
Janhavi Mantri
(Querist) 15 March 2017
This query is : Resolved
I am a member of co-operative housing society. I have bought a flat in 2007. I have taken a home loan from HSBC Bank for buying this flat. That time society committee had given the NOC in the name of HSBC that I am a member of society and they have no objection me mortgaging flat. I now with to transfer my loan to Saraswat Bank because lower interest rate offered. My loan is also sanctioned.
Now for disbursal bank need a letter from society that they will give NOC in same format once my loan is transferred from HSBC to Saraswat.
In this regard I have made any application to committee. Their response is given below:
1. You are the only member who had applied NOC on two or three occasions in past. It is a tedious job hence it is not possible for society to grant NOC every time. We have many other important issues to be taken care hence society advise you to after getting NOC that don't trouble committee members every year for NOC as we have better work to do. Our society is facing lot of problems already.
My question is, it their response appropriate? This is my 2nd request from last 11 year for NOC as I will save around 25,000 a month. What should I do?
Regards,
Janhavi
rajeev sharma
(Expert) 15 March 2017
It is not a proper response. Talk to office bearers of society and obtain NOC. You may also file complaint with registrar of societies but that will take a long time
