| Address: South Delhi, Delhi |
I HAVE APPLIED FOR PERSONAL LOAN . ALL MY PAPER FORMALITIES WERE OK. BUTR TH OFFICER LOOKING FOR PERSONAL LOAN FORCED ME TO TAKE SBI LIFE INSURANCE POLICY IF I WANT TO TAK LOAN. AFTER MY REFUSAL MY PERSONAL LOAN FILE REMAIN UN PROCESS IN HIS TABLE. IN LAST I HAVE GIVEN A CHEQUE FOR INVESTMENT AS THE OFFICER WAS NOT PROCESSING MY PAYMENT. I AM ALREADY PAYING THE PREMIUM TO LIC OF RS 71000/-PER ANNUM . OUR COMPANY HAS ALSO INSURED US BY SBI INSURANCE (PENSION SCHEME). ALL THOSE PAPER WAS SHOWN TO THE CONSULT OFFICER.
KINDLY INFORM ME WHETHER SBI LIFE INSURANCE POLICY IS MANDATORY FOR TAKING PERSONAL LOAN OR NOT.? Was this information helpful? | 
