Home - Loans & Advances - Loan FAQ - Do I need to Insure the Loan from Bank ?

Do I need to Insure the Loan from Bank ?

Insure the Loan from Bank – Yes. One will have to insure the property etc. as required by the bank during the tenure of the loan.

However, banks cannot insist on your obtaining insurance cover from any particular provider.

Get Daily Updates On Banking, Enter your email address:

For the latest Banking updates, follow AskBankings on Twitter, Facebook, and subscribe to our YouTube channel

Do You Want To Say Something :