[Resolved]  ICICI Bank — loan insurance

Address:

New Delhi, Delhi, 110045

Hi team,

This is regarding my loan account # :- lpdel[protected]

I am writing this email to understand how can you deduct the loan insurance without my authorization and i know it is not mandatory. My total loan amount was 6, 18, 000.00 however the amount i have received in my account was 3, 01, 646.18 and a demand draft of 2, 91, 275.00.

There is a difference of 25, 078.82.

I understand there would be some processing fee & gst charges but not this much. I told the representative clearly that i do not want the insurance for my loan and i also said that if you give me insurance i will not take it. Even after this, the representative disburse the amount after deducting the loan insurance of somewhere around 17, 000.00

Kindly take a look at it and get my money refund of loan insurance that you have deducted asap.

Thanks,
Dilawar singh