[Resolved]  Axis Bank — LIfe insurance towards home loan

I was told that life insurance is mandatory for home loan. I asked them to give a email confirmation that it is mandatory, I have not received any confirmation but premium amount of INR 50K was added to my approved home loan amount.

Loan account # PHR[protected]
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Aug 13, 2021
Complaint marked as Resolved 
Axis Bank customer support has been notified about the posted complaint.
Verified Support
May 10, 2021
Axis Bank Customer Care's response
Hi, we wish to inform you that we have escalated your concern via service request number: 67300899 and will get back to you at the earliest. Regards, Team Axis Bank
 
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