Blank cheque before loan


#1

I have taken a consumer durable loan. What happens to the blank cheque I gave the bank after my loan is finished?


#2

You can ask the bank to get your cheque back once your loan is finished and the bank issues you a NOC. You can then destroy the cheque. Sometime banks are reluctant to return it at the end of the loan tenure and suggest customers to issue stop payment against the same.


#3

i want to do that loan


#4

Hi Suhkdevsingh,

We presently do not offer consumer durable loans. For any other loan, please click here - https://www.bankbazaar.com/loan.html.

Cheers,
BB Expert