State Bank Of India [SBI] — Mandate accidental insurance on account opening

Address:

VILLAGE POST SIMRI HALBA PATTI, PS SIMRI, DIST BUXAR

After a month of to and fro from the branch, which is Simri, Buxar branch in Bihar I got some hope that account will be opend. It took around 4 hrs to complete all the process. Finally they provided me an insurance form and was asked to fill. I resisted saying I don's want any insurance. But the person opening the account snatched my pasbook and said you won't get sign and stamp on your passbook without that from branch manager. And on asking the branch manager he also said the same thing that it was compulsary. Any having no way I paid 500 and took the insurance as default. I don't want to continue the policy and willing to get my money back deducted on first premium.