In SBI group of banks the foreclosure charges for a loan is only 2% within 2 years. After that there is no foreclosure fee. In ICICI bank they charge 5% as foreclosure fee. Is there is any remedy for this?
Recently my mom got trapped into getting a life insurance policy from an agent who has given false
promises and now understanding she wants to get the money back, is there any way, below are the details of the insurance.
Plan name: Reliance life insurance classic plan signle
Applied year : April 2011
Policy amount: 3lac
It is a single time premium and we were said this will mature only in 2026 and after i enquired
everything it seems like the amount we will get is 3,75000 after 15 years…. its kind of looking
ridiculous how an agent didnt even explained these things before making her sign the documents.
now is there any way of getting the money back, you response is appreicated, thanks
dear sir ,i have one ulip policy from icicipru life time super ,first premium 30000paid on 21.07.2006 and second premium also paid in 2007.but i am unable to pay third premium.A leter received from insurer your policy was foreclosed .ur current nav amount 77800.as per the norms 60%of the nav amount for forclossing charges.balance 30800 rupees cheque enclosed the letter.the foreclosure was without my knowledge.this is correct?any expert please guide to me.no intimation for foreclosure the [email protected] mobile no 09443104411
Are there any problems or hassles in future if we buy a house from bank auction(defaulter’s house)