POSTED BY November 27, 2012 10:22 am COMMENTS (4)ON
I have come across many instance where an applicant for a SBI Home Loan[all types], is asked to mandatorily purchase SBILife Insurance policies without which the application is rejected.
How can SBI adopt such policies which is cross-selling and making sure that Insurance company is always running into profit?
Does LIC HFL also adopt such practices? How can such things be curbed?