Bajaj Finance — Extra loan protector added without information

Address:560093
Website:www.bajajfinserv.in/finance

Dear Sir,
I have applied for a flexi personal loan from bajaj finserv for INR 16, 00, 000.
All throughout the discussion rounds, we were not informed of an insurance to be added to our loan product and we found that it has been added to our loan account and since we have taken loan for the first time, we did not know that now we have to pay EMI on this insurance as well.
We were never asked if we need this insurance or not. This is a flexi loan product and we have taken it for some expense that we see forecoming. Currently we don't need the loan amount also and we are keeping only 100 Rs. outstanding but this insurance has come as an unexpected and unnecessary expense for us.
I request you to kindly help us out as we really don't need this insurance which as been added to our loan account.

Hoping to get a revert from you.

Yours sincerely,
Vertika Pant
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