ICICI Bank — Insurance premium not refunded

Address:

122009

Dear sir,
At the time of taking loan of rs. 9666555/- for a tenure of120 months adding an amount of rs. 320592/- was taken from me in the name of insurance premium in which 32522/- was given in 7 months @ 4646/- per month as interest & principal only on insurane premium. A total of rs. 353114/- was given by me against the tenure of 120 months where as the loan closed only after 7 months. Hence i should be charged as insurance only for 7 months and the balance amount of rs. 332516/- should be refunded to me. But icici bank denying to say that insurance premium is not refundable. Hence i am putting my complaint before this consumer complaint.
Hope to receive an early response.
Thanking you in advance.

Yours faithfully

Prem lata adukia