Question
Q: Can I get a No Dues certificate after settlement?
Answer
A: Yes, and you should demand a No-Dues/NOC and closure confirmation that shows a "zero balance" and a closure date. This paper protects you from future claims and disputes over credit reports. Always get it on official letterhead or email with the correct identity information. Legals365 and Advocate BK Singh make sure the wording is correct and push for issuance if the lender takes too long..
By Advocate BK Singh
(Delhi High Court)
