[Resolved] SBI home Loan under special scheme “interest rate sign 9.25% fixed for 5 years " — Free Life Insurence covered under home loan scheme “interest rate @ 9.25% fixed for 5 years”
AAjay Kumar Gupta
I have taken Rs 1000000 home loan under special scheme “interest rate @ 9.25% fixed for 5 years” in March 2009 from SBI Bank,Murbad Road, Kalyan Branch. As per scheme free life insurance policy linked for loans up to Rs. 20 lacs only taken under this 9.25% scheme by SBI Life, but we have not received any written document till now related with insurance cover. I have approached to Kalyan Branch and RASMECC, NAUPADA, Thane (W) to know, whether free life insurance has covered under @ 9.25 % home loan scheme or not, but no one give me confirmation. Every One from SBI Loan dept, give me different - different answer. No one have proper information. Also on SBI website no proper information regarding it. On the time of application, Manager told me, you will get free life insurence cover in this scheme on full amount of loan.
Complaint marked as Resolved Aug 14, 2020