Credit card NOC

[Greenlandfm30]

Hi, need an advice.
My credit card wasn't regular for few months and as a result it is classified as default. I am now paying regularly since last 3 months. Do I need to submit a NOC for this card ? Is it necessary or I can skip and provide only my POF documents which is the fdr statement and solvency letter.
Plz advise experts.

 

[mr.preetsingh]

Hi, need an advice.
My credit card wasn't regular for few months and as a result it is classified as default. I am now paying regularly since last 3 months. Do I need to submit a NOC for this card ? Is it necessary or I can skip and provide only my POF documents which is the fdr statement and solvency letter.
Plz advise experts.

You can ignore your credit card bills here.

 

[Greenlandfm30]

You can ignore your credit card bills here.

But will cic find out from the Central Bank and get my CIB report.

 

[mr.preetsingh]

But will cic find out from the Central Bank and get my CIB report.

It will not impact your profile until you have not taken the loans for POF. In your case, you are good and no need to provide such details.

 

[pizzaboy99]

Hi, need an advice.
My credit card wasn't regular for few months and as a result it is classified as default. I am now paying regularly since last 3 months. Do I need to submit a NOC for this card ? Is it necessary or I can skip and provide only my POF documents which is the fdr statement and solvency letter.
Plz advise experts.

Do you have any outstanding debts on the card now?

 

[Greenlandfm30]

Do you have any outstanding debts on the card now?

Yes...around 1 lakh sue in credit card. And I have fdr for the amount 20 lakhs.

 

[pizzaboy99]

Yes...around 1 lakh sue in credit card. And I have fdr for the amount 20 lakhs.

20L is well in excess of required funds amount. Why not settle the credit card debt? Only credit car debts need to be declared so once you have no credit card debt, you don't need to bother with any documentation related to credit cards.

 

[Greenlandfm30]

20L is well in excess of required funds amount. Why not settle the credit card debt? Only credit car debts need to be declared so once you have no credit card debt, you don't need to bother with any documentation related to credit cards.

20 lakh is FDR which I can't break.

 

[Greenlandfm30]

20L is well in excess of required funds amount. Why not settle the credit card debt? Only credit car debts need to be declared so once you have no credit card debt, you don't need to bother with any documentation related to credit cards.

20 lakh is FDR which I can't break. And right now I cant pay off the credit card debt.

 

[pizzaboy99]

20 lakh is FDR which I can't break. And right now I cant pay off the credit card debt.

Then you will have to mention your credit card debt. And probably give an LOE explaining why you are not paying it off despite having sufficient funds.

 

[Greenlandfm30]

Not needed. I only provided 6 months most current bank statements and I have a mortgage and credit cards with balances that exceeded my saved funds.

So u got PR

 

[pizzaboy99]

So u got PR

canbnd is a well known troll account. Look at the timeline in his signature, he claims he got his PR card in just 1 week!!

I'd be wary of listening to anything this guy says.