No Due Certificate From Bank | Check the Format & Sample Letters

After you have cleared all the pending dues of your loan amount, you can write a letter to the bank requesting them to issue a no due certificate. A no due certificate from the bank would be a formal letter mentioning if the person has cleared all dues and has done the full and final settlement. A no due certificate from the bank will be only issued to an individual if he or she has cleared all the dues.

How to Write a No Due Certificate from Bank?

A no due certificate from the bank will be issued to an individual only after the clearance of all pending dues. The bank or branch manager will issue a bank no dues certificate. In order to receive a no due certificate, the individual will have to write a letter to the bank manager requesting him or her to issue the certificate. We have written various types of formal letters, and being a student you must have written a lot of letters to the Principal, attendance letters, permission letters, etc. Similarly, the no due certificate format for the bank loans is a type of formal letter which is written to the branch manager.

In order to write the letter, you will have to follow the no dues certificate format for the bank which includes, the receiver’s address, date, subject, salutation, body mentioning the details of the loan account and the dues cleared, and the closure of the letter. The bank manager will provide the no due certificate to the individual after the confirmation of dues clearance. To know the format for both writing the letter as well as the no due certificate, check the sample letters provided below.

Samples of Writing a No Due Certificate from Bank

Check the samples provided for writing a letter for a no due certificate from a bank and also check the samples provided for no dues certificate from the bank format.

No Due Certificate from Bank for Personal Loan

Adyasha Mohanty

448 Saheed Nagar

Bhubaneswar

Date: 24 February 2022

The Branch Manager

State Bank of India

Saheed Nagar Market Branch

Bhubaneswar- 751002

Sub: Issuance of No Due Certificate from Bank for Personal Loan

Respected Sir,

With humble respect, myself Adyasha Mohanty, residing at 448 Saheed Nagar, Bhubaneswar beg to state that all the pending dues against my loan number XXXXXXXXXX are cleared. I had taken the personal loan on 28th November 2018 of Rs.3 Lakhs for some emergencies and now since the due amount is cleared, I kindly request you to issue the no due clearance certificate from the bank for which I shall be highly obliged.

Thank You.

Yours sincerely,

(Signature)

ADYASHA MOHANTY

Contact number- 8888888877

No Due Certificate from Bank for Study Loan

Priyanshu Batra

Sector – 10, Satyam Vihar

Bangalore

Date: 24 February 2022

The Branch Manager

HDFC Bank

Satyam Vihar, Main Road Branch

Bangalore- 560075

Sub: Issuance of No Due Certificate from Bank for Study Loan

Respected Sir,

With due respect, I am Priyanshu Batra, resident of Madhuban Enclave, Satyam Vihar main road, would like to inform you that I had taken a study loan of Rs.20 Lakhs with loan account number XXXXXXXX, on the 23rd February 2015. On the 20th February 2022, I had cleared the last instalment payment and now there are no more pending dues from my end.

Therefore, I kindly request you to issue me a no due certificate from the bank statement about the payment of instalments. I shall be highly obliged if this can be issued to me at the earliest.

Thank You.

Yours sincerely,

(Signature)

PRIYANSHU BATRA

Contact number- 9999999999

No Dues Certificate from Bank Format

Anish Tiwari

Subject: Personal Loan Clearance

This is to certify that Mrs Anish Tiwari, had been our customer for the past 5 years (January 2018 – February 2022). The loan amount of Rs.5 lakhs has been finally settled against loan account number XXXXXXXXX and there are no more pending dues against her.

Yours sincerely,

Pratap Kishore,

Bank Manager

HDFC Bank

Shastri Nagar Branch

Frequently Asked Questions on No Due Certificate from Bank

How can I get a no due certificate from the bank?

You can get a no due certificate from the bank after you have paid all the outstanding dues and then write a letter to the branch manager requesting them to issue the certificate.

To whom can we address to send the bank no dues certificate?

You can write a letter to the branch manager requesting them to issue the no due certificate.

What is the no dues certificate format for banks?

The format to write the no dues certificate format for the bank is similar to that of other formal letters which will include the sender’s address, receiver’s address, date, subject, body explaining about the loan details and then the closure of the letter.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *

*

*