Why collecting a ‘No Dues Certificate’ after closing a personal loan is crucial

The NDC acknowledges the personal loan repayment. The bank issues it to the borrower after the last EMI payment. It has a positive impact on the credit score and helps the borrower get new loans in the future.

​The NDC acknowledges the personal loan repayment. The bank issues it to the borrower after the last EMI payment. It has a positive impact on the credit score and helps the borrower get new loans in the future.