It appears from the post that the builder has also availed finance from a different company . The builder's financier is one. The housing loan was availed by the owner from PNB, and now he wants to take it from his employer:
"I purchased a flat in Bhiwadi ,Rajasthan by builder and took loan from pnb housing finance , now I want shifting this loan to my Employer ( A psu company) due to low interest rate .
This builder had taken loan from a finance company for this project ,"
As the builder has availed finance which is outstanding, the financier can not give NOC till the entire loan availed by the builder is liquidated.