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Home / Finance / Banking / My home insurance loan period finished asper the agreement for five years, but still they cutting the amount .Why is this happening without my permission?
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My home insurance loan period finished asper the agreement for five years, but still they cutting the amount .Why is this happening without my permission?

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2 Year

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0 2022-08-12T10:06:44+00:00

Hey,

I think it is concerning that the insurance / loan provider is still deducting money after the loan tenure has ended. Usually, details about EMI instalment and loan details are mentioned in loan disbursement documents and applications.  An amount is deducted in the end because of loan closure charges. If it's not this, then you should speak to the bank about this.

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