AB Insurance Broker, in kolkata called me and they are offering Loan of 2,00,000 and they have mentioned that Birla Finance providing the Loan. The representative from ABIB offer me a Insurance policy of RS. 20,000 (One Time) from Birla Sunlife and they told me that based on this insurance the the required loan will approve from Birla Finance. However when i received the verification call from Birla Sunlife, i have informed them that they are providing us a loan against Insurance and asked them to not to proceed further, however still the Cheque was processed and because of insufficient balance in my account the amount was not clear.

Because of that miss selling of the product, the cheque was not clear and the bank was charged the penalty, also it will effect my CIBIL report. I wan my penalty returned which was changed by the bank and also need a formal latter from ABIB and Also i need relief from the effect of CIBIL report.

Email Id: souravseal@outlook.com