[Resolved]  Punjab National Bank Housing Finance [Pnbhfl] — Insurance on home loan amount

Address:Rangareddy, Andhra Pradesh, 500074

I am applying for a loan of 15 lakhs, i was asked to pay insurance of 60thousands against it by the branch office. Instead of which i suggested for term insurance plans. Which was not accepted by branch. I need to know the reason. I know that it is possible and adequate to take term insurance instead however branch office is not accepting.in such case whom shall i address my grievances.
It was informed in the branch that insurance amount and the company which is providing insurance against home loan will be decided by pnb housing branch, why do i cannot take insurance of my choice??
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Jul 29, 2017
Complaint marked as Resolved 
Punjab National Bank Housing Finance [PNBHFL] customer support has been notified about the posted complaint.
Verified Support
Jun 28, 2017
Punjab National Bank Housing Finance [PNBHFL] Customer Care's response
Dear Sir,

We are in receipt of your query. We sincerely apologize for the inconvenience caused to you.
Our official will soon get in touch with you. You may also write to us with your concern and details at customer.[protected]@pnbhousing.com . We solicit your cooperation in the interim.

Regards,

Team PNB Housing
Verified Support
Aug 21, 2017
Punjab National Bank Housing Finance [PNBHFL] Customer Care's response
Dear Sir,

This is with reference to your query. We understand that our official has spoken to you in this regard.
Trust the matter stands addressed. Assuring you best of services. Please write to us at customer.[protected]@pnbhousing.com for further queries, if any.

Team
PNB Housing
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    Punjab National Bank Housing Finance [PNBHFL] Phone
    +91 11 2335 7174
    1 800 120 8800
    Punjab National Bank Housing Finance [PNBHFL] Address
    9th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi, Delhi, India - 110001
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