Amar Singh Bishnoi and his father Arvind had borrowed an amount of Rs 2,52,27,902 from HDB Financial Services as loan against property. To safeguard the repayment of the loan, they bought a policy to cover the life of the first named borrower (Amar Singh) under HDFC Life Group Credit Protect Plus Insurance Plan for a sum assured of Rs 99,90,249, for which they had to pay a yearly premium for ten years.
In addition to this loan, they also borrowed an additional amount of Rs 5 lakh for the purchase of a vehicle. To cover the repayment of this
In addition to this loan, they also borrowed an additional amount of Rs 5 lakh for the purchase of a vehicle. To cover the repayment of this
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