NO NOC from bank who is witness to defaulter, person had died and pension work delay no noc
Jul 22, 2026
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Banking Law
► Say XXX is witness or Gaurantor to YYY. XXX has paid some emi for YYY cause he was not paying. but now XXX is died and pension and other benefits calculation is going on. XXX is shown as a defualter and not given NOC from bank saying until YYY paid full loan no NOC will be given to XXX family. or said that the loan amount will be deducted from XXX family pension or other benefits. kindly guide that bank can have legal right to do that
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