CosmicWaffle
CosmicWaffle
7mo

Insurance is mandatory for personal loans.

I recently took a personal loan from ICICI Bank, and the agent is insisting that I must apply for insurance before the loan amount can be disbursed. I would like to know if this insurance is mandatory?

7mo ago
TwirlyBagel
TwirlyBagel

Ya it's mandatory i also needed to take it

TwirlyBagel
TwirlyBagel

It's for if u died by chance they will recover from insurance

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