Picture this: You walk into a bank branch to get a home loan. You have given the bank all of the necessary documents and your credit score is good. However, the lender is adamant that you do one more thing - get an insurance plan as well. Some will go to the extend of saying that you will not get the home loan unless you buy an insurance plan as well.
Although it is essential to buy an insurance cover while taking a loan you are under no obligation to do so, not from any bank nor non-b ..