[Resolved]  PNB Housing Finance — Insurance policy against loan

Address:Chandigarh, Punjab

I am shikha negi. Applied for home loan. My all conditions are clear for loan. And my loan has sentioned also. But employees o[censored]r companies are demanding for life insurance policy. In which I m not interestec as I am already investing too much. And also had 60lac insurance cover. But your employees are puting condition that till then I will not buy a policy, they will not release my cheque. As its already too late for payment to my plot saller. They better know my condition thats why they are black mailing me to take a policy. Now please guide me what to do. Is that compulsory in real manner? What should I do? I am affraid to put complaint as they threaten me if I will make complaint against them they will reject my loan. Please help me as I am very dipressed and very needfull. Thanks regards Shikha negi [protected]
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Complaint marked as Resolved 
Punjab National Bank Housing Finance [PNBHFL] customer support has been notified about the posted complaint.
Verified Support
Jun 01, 2015
Punjab National Bank Housing Finance [PNBHFL] Customer Care's response
Dear Madam We regret the inconvenience caused. With reference to your query, we understand that our officials have contacted your good self on May 29, 2015. Hope we have addressed all your queries. Please feel free to write to us at customer.[protected]@pnbhfl.com or call us on the toll free number[protected] in case of any further clarification , if needed. Thank you Team PNB Housing Finance
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I am shikha negi. Applied for home loan. My all conditions are clear for loan. And my loan has sentioned also. But employees o[censored]r companies are demanding for life insurance policy. In which I m not interestec as I am already investing too much. And also had 60lac insurance cover. But your employees are puting condition that till then I will not buy a policy, they will not release my cheque. As its already too late for payment to my plot saller. They better know my condition thats why they are black mailing me to take a policy. Now please guide me what to do. Is that compulsory in real manner? What should I do?
I am affraid to put complaint as they threaten me if I will make complaint against them they will reject my loan.
Please help me as I am very dipressed and very needfull.
Thanks regards
Shikha negi

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    Punjab National Bank Housing Finance [PNBHFL] Phone
    +91 11 2335 7174
    1 800 120 8800
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    9th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi, Delhi, India - 110001
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