Request Letter from Society for NOC for Mortgage Loan from Bank

It is common for a bank to ask for NOC from the society in which the applicant has its flat or is still in the process of purchasing the property. In order to write request letter to society for NOC for mortgage loan, you can either create your own or follow NOC request letter format sample. There are different NOC letter formats for society that can be followed for creating a customized one.

Here is the sample NOC Letter Format from Society for Mortgage Loan from Bank. Use this NOC request letter format sample to create a personalized letter.

NOC Letter From Society

From:

Simon Gibbs

Manager

Harmon Housing Society

New York

Date: November 13^th, 2020

To,

The Manager

ABC Bank

New York

Sub: No Objection Certificate

Dear Sir/ Mam,

We, M/s Harmon Housing Society, hereby certify the following:

1. The flat no. 409 in Block B of Harmon Housing Society has been allotted to Mr. John Smith, S/o Mr. Adams Smith presently residing at 54, St. Peter’s Road, California.
2. As per the sales deed of the above mentioned property, the price of the flat is $ 220,000.
3. The title of the flat, land and building is clear.
4. We do not have any objections to Mr. John Smith mortgaging the flat no. 409 in Block B to ABC Bank as security.
5. While constructing or purchasing the land, we have not borrowed any money from any of the financial institutions and therefore, the property is free from any kind of encumbrances.
6. We are also agreeable to accept ABC as nominee of the flat that has been allotted to Mr. John Smith.
7. This NOC will be valid only until the full amount has been paid to ABC Bank.

Sincerely,

Simon Gibbs
Manager
Harmon Housing Society
New York

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