Know about the financial and legal implications of not collecting NOC:
Impacting credit score
An NOC certificate is essential for borrowers’ credit scores, stating the complete clearance of the availed loan. Not collecting NOC for a previously obtained loan can significantly impact the CIBIL score of a borrower.
Incur financial loss
If one does collect NOC from the Bajaj Finserv customer portal, the lender might ask him/her to pay the outstanding...
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