Menu
For Business Write a review File a complaint
CB Banks State Bank of India [SBI] two times recovery ofsingle sided adva insurence for home loan
State Bank of India [SBI]

State Bank of India [SBI] review: two times recovery ofsingle sided adva insurence for home loan 4

P
Author of the review
11:40 am EDT
Verified customer This complaint was posted by a verified customer. Learn more
Featured review
This review was chosen algorithmically as the most valued customer feedback.

I (p. rama lakshmana rao) have taken home loan of 12 lakhs with a/c no. [protected] from sbi, gopalapatnam branch, visakhapatnam. a. p.in the above a/c an amount of rs 8, 648/- is deducted two times on 24-09-2010 and 28-09-2010 towards "single sided advance insurence" for the above home loan.
this was brought to the notice of racpc of chief manager, visakhapatnam, a. p on 18-10-2010 and I have contacted the office mainy times, personally. but, till date, the above amount is not remitted to the loan a/c.

4 comments
Add a comment
U
U
U Anonymous
IN
Jun 30, 2012 9:46 am EDT

The SBI customer care is saying, it is charged against the "Home/Building Insurance". This is completely illegal. We should raise our voice... RBI should look into this matter... You file a complaint in Banking Ombudsman, a RBI cell to track this kind of illegal activities of the Bank...

L
L
Lalit Bisht
IN
Sep 20, 2017 11:16 pm EDT

I do agree. It should not deducted without customer's approval.

D
D
Dr D.K. Jha
US
Aug 02, 2018 12:00 am EDT

Me too is facing the same situation. Every month it is automatically getting deducted from the transaction made towards home loan account in the form of EMI or even temporary fund parking with max gain facility. No response from the Home loan branch yet even after repeated reminders in last 5 months. No idea what to do. Har Har Modi.

G
G
gvk chaitanya
US
Dec 17, 2019 10:41 pm EST

i applied for 30 lakhs home loan and the sanctioned amount was rs 30 lakhs for home loan and rs 63400/- for insurance. i was totally disappointed when they said 28 lakhs shall be paid to Seller of the flat as per Agreement of sale . and 2 lakhs shall be paid towards my sbi account. at last i recieved 167300/- out of 2 lakhs. when i ask they are saying its a property insurance charged. i was shocked without my notice how could they charge me nearly rs 32700/- and forcefully they asked to take insurance on my spouse for premium 52400/- for 30 lakhs -20yrs . which is deducted from sanctioned 63400/- amount.

see friends we are having a blind faith on govt. banks but these stupid idiots are dumb stuck at their desks without proper informing the procedures and make us fool in the loan issues.

i am ashamed of taking loan in choosing SBI HOME LOAN.
Habsiguda home loan
Maula ali RACPC

  1. State Bank of India [SBI] Contacts

  2. State Bank of India [SBI] phone numbers
    1800 110 009
    1800 110 009
    Click up if you have successfully reached State Bank of India [SBI] by calling 1800 110 009 phone number 3 3 users reported that they have successfully reached State Bank of India [SBI] by calling 1800 110 009 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling 1800 110 009 phone number 2 2 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling 1800 110 009 phone number
    15%
    Confidence score
    State Bank of India
    +1 (800) 425-3800
    +1 (800) 425-3800
    Click up if you have successfully reached State Bank of India [SBI] by calling +1 (800) 425-3800 phone number 0 0 users reported that they have successfully reached State Bank of India [SBI] by calling +1 (800) 425-3800 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +1 (800) 425-3800 phone number 0 0 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +1 (800) 425-3800 phone number
    State Bank of India
    1800 112 211
    1800 112 211
    Click up if you have successfully reached State Bank of India [SBI] by calling 1800 112 211 phone number 3 3 users reported that they have successfully reached State Bank of India [SBI] by calling 1800 112 211 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling 1800 112 211 phone number 3 3 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling 1800 112 211 phone number
    State Bank of India
    +1 (860) 180-1290
    +1 (860) 180-1290
    Click up if you have successfully reached State Bank of India [SBI] by calling +1 (860) 180-1290 phone number 0 0 users reported that they have successfully reached State Bank of India [SBI] by calling +1 (860) 180-1290 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +1 (860) 180-1290 phone number 0 0 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +1 (860) 180-1290 phone number
    SBI Cards
    +1 (800) 180-1290
    +1 (800) 180-1290
    Click up if you have successfully reached State Bank of India [SBI] by calling +1 (800) 180-1290 phone number 0 0 users reported that they have successfully reached State Bank of India [SBI] by calling +1 (800) 180-1290 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +1 (800) 180-1290 phone number 0 0 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +1 (800) 180-1290 phone number
    SBI Cards Complaints
    +1 (800) 180-1295
    +1 (800) 180-1295
    Click up if you have successfully reached State Bank of India [SBI] by calling +1 (800) 180-1295 phone number 0 0 users reported that they have successfully reached State Bank of India [SBI] by calling +1 (800) 180-1295 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +1 (800) 180-1295 phone number 0 0 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +1 (800) 180-1295 phone number
    IRCTC SBI Credit Card
    +91 802 659 9990
    +91 802 659 9990
    Click up if you have successfully reached State Bank of India [SBI] by calling +91 802 659 9990 phone number 5 5 users reported that they have successfully reached State Bank of India [SBI] by calling +91 802 659 9990 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +91 802 659 9990 phone number 6 6 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +91 802 659 9990 phone number
    State Bank of India
    +91 222 202 9456
    +91 222 202 9456
    Click up if you have successfully reached State Bank of India [SBI] by calling +91 222 202 9456 phone number 1 1 users reported that they have successfully reached State Bank of India [SBI] by calling +91 222 202 9456 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +91 222 202 9456 phone number 1 1 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +91 222 202 9456 phone number
    State Bank of India
    +91 124 458 9803
    +91 124 458 9803
    Click up if you have successfully reached State Bank of India [SBI] by calling +91 124 458 9803 phone number 1 1 users reported that they have successfully reached State Bank of India [SBI] by calling +91 124 458 9803 phone number Click down if you have unsuccessfully reached State Bank of India [SBI] by calling +91 124 458 9803 phone number 0 0 users reported that they have UNsuccessfully reached State Bank of India [SBI] by calling +91 124 458 9803 phone number
    100%
    Confidence score
    SBI Cards New Delhi Office
    More phone numbers
  3. State Bank of India [SBI] emails
  4. State Bank of India [SBI] address
    State Bank Bhavan, 16th Floor, Madam Cama Road, Mumbai, 400021, India
  5. State Bank of India [SBI] social media
  6. Michael
    Checked and verified by Michael This contact information is personally checked and verified by the ComplaintsBoard representative. Learn more
    Oct 28, 2024
State Bank of India [SBI] Category
State Bank of India [SBI] is ranked 26 among 414 companies in the Banks category