Punjab National Bank Housing Finance [PNBHFL]

[Resolved] Punjab National Bank Housing Finance [Pnbhfl] — punjab national bank housing finance forcing to take insurance policies with home loan.

nileshwalimbe

from Pune, Maharashtra

Address:

Pune, Maharashtra, 411030

I have applied for home loan at pnbhfl warje branch. They have never informed me about insurance policies starting while applying.

Now, i got an email that my loan has been approved and they are asking me to submit an agreement draft and given payment details for disbursement when i submitted all required documents suddenly they have asked me to buy an insurance around rs. 1 lakh with my home loan and they are saying that they will added rs. 1 lakh amount under my loan amount. Also they are asking my term plan details which i have been taken for my family future.

After consulting legal advisors, under rbi insurance act laws, no bank can force customers for insurance policies with home loan. I will not able to take this insurance policy asked by the bank.

I would like to request you, please check with the pnbhfl pune warje branch to exclude insurance premium from the loan sanction. Kindly help.

My home loan reference number is ref/hou/wrje/1217/468698.

Pnbhfl mail id's
[protected]@pnbhousing.com
Customer. [protected]@pnbhfl.com
Customer. [protected]@pnbhousing.com
[protected]@nhb.org.in

Thanks,
Nilesh walimbe
[protected]@gmail.com

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Feb 22, 2018

Complaint marked as Resolved

Punjab National Bank Housing Finance [PNBHFL] customer support has been notified about the posted complaint.

Verified Support

Jan 22, 2018

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