Hi,
I have taken sbi home loan recently.At the time of taking the loan i was not at all informed about the sbi life for the home loan.While,releasing 75% of the amount to the builder,bank manager told me that i need to pay 25,000 premium for sbi life for 20 years like that.When i asked her about this,she s saying it s compulsary.If,it is the case this is going to burden me a lot.Please someone suggest me the way to cancel this sbi life.
Thanks,
Ram