I have taken a home loan from sbi, kormangala branch.
Loan has been disbursed. But then, they have forcefully added a property insurance one time premium of around 70, 000 thousand rupees to the total loan sanctioned amount.
Also they didn't mention this property insurance thing upfront. Once i filled the loan documents, they pitched this property insurance as life insurance cover and later only i came to know that it's a property isurance not life insurance.
I had spoken to the branch manager, but then of no help.
Now i need help of how i can make the bank to remove this property insurance from my home loan account.
My sbi loan account no - [protected]
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Amazon Odar Date -01oct18
Odar id[protected]
Odar amount -699 only
Please give me my refund..
Refund no[protected]
My name is Ravindra k.Thakur
My A.no.-[protected]
IFSC- SBIN00066339