Loan Protection Insurance hdfc : ऋण सुरक्षा बीमा एचडीएफसी

Loan Protection Insurance hdfc

Loan Protection Insurance hdfc: ऋण सुरक्षा बीमा एचडीएफसी क्या है। इसके बारे में हर एक खाताधारक को जानकारी होनी चाहिए साथ ही साथ जितने भी लोगो ने Loan Protection Insurance hdfc किया हुआ है उनको तो अवश्य रूप से इन सभी जानकारी को ग्रहण करना चाहिए। तो आइए आज के इस आर्टिकल के माध्यम से हम इस बारे में विस्तार से जानेंगे साथी साथ आपको नए-नए लोन लेने की तरीका भी उपलब्ध कराएंगे।

 

Loan Protection Insurance hdfc

Loan Protection Insurance hdfc : प्रोडक्शन इंसुरेंस यानी कि सुरक्षा ऋण जो बैंक देती है और कई अलग-अलग कंपनी भी है जो खासकर इस तरह का Protection Insurance देती हैं। जैसे मैं HDFC Bank हैं। HDFC अपने उपभोक्ताओं को इस तरह का सुविधा देती है।

Loan Protection Insurance hdfc के फायदे? 

अगर आपका किसी बैंक में खाता है और उसमें Insurance की सुविधा दी जाती है तो उस स्थिति में आप अपनी यानी कि खुद की सुरक्षा के लिए जिम्मेवारी आपकी बैंक लेती है और इसके लिए कुछ रुपए पहले बैंक जमा करवा लेती है। और उसी जमा रकम को एक सीमित समय में निकालकर उपभोक्ता को देती है लेकिन अगर उपभोक्ता को किसी तरह की कोई दुर्घटना में मृत्यु हो जाती है या किसी तरह का शारीरिक क्षति होता है तो उस स्थिति में बैंक एक्स्ट्रा ब्याज के साथ उसी समय उस रकम को भुगतान करती है।

Loan Protection Insurance hdfc

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FAQs – Loan Protection Insurance hdfc 

Q. Is it mandatory to take insurance for home loan in HDFC?

Ans- No. Home loan insurance is not mandatory.

Q. What is covered in loan insurance?

Ans- Loan insurance is a protection plan for the loan taken by the borrower, who is also the policyholder of the insurance policy plan. In times of unforeseen events such as disability, unemployment or sudden death, the policy provides coverage for a certain amount of time and repays the monthly loan payments to be made.

Q. Is it compulsory to take loan insurance? 

Ans- 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-banking finance company. “It is not mandatory to purchase home loan protection plans.

Q. Is home loan protection plan mandatory?

Ans- A home loan insurance policy could lapse upon full repayment of the loan, or after the demise of the borrower, or on transfer of loan to another bank. However, an applicant needs to know that it is not mandatory to purchase home loan protection plans to avail of a home loan

Q. Can I close my home loan insurance? 

Ans- All he has to do is to inform the insurance company about the change in financier. However, if the homebuyer wants to close the earlier insurance and get a new one, he is free to do so. Since the loan amount is higher, the home loan insurance, which offered a lower cover, needs to be changed.

Q. What are the benefits of home loan insurance? 

Ans- The insurer pays the lender the outstanding balance of their home loan amount if the borrower dies due to unexpected situations. In the event of the borrower’s death, the insurance company pays the remaining balance of the home loan to the lender. The term of the policy and the loan is usually the same

Q. What happens if the person dies during home loan? 

Ans- With the right plan for your housing loan, you can rest assured that the insurer will repay the outstanding loan amount in case of your demise. Besides, you might have to pay the premium amount alongside the EMI if you’re opting for insurance.

Q. Is loan protection insurance tax deductible? 

Ans- Is mortgage protection insurance tax deductible? Generally, the premiums payable for mortgage protection are not tax-deductible as the payment is not an expense in gaining assessable income. Benefit payments are not assessable for income tax purposes. Learn more about life insurance and tax.

Q. What is EMI of home loan insurance? 

Ans- EMI – Equated Monthly Installments or EMI payments to be paid every month over the tenure of the loan. For the Housing Loan protection plan, the insurance premium is added to the EMI of the home loan and paid as one. Single Premium Payment – In this payment option, a single premium is paid while taking the insurance.

Q. How much does a home loan insurance cost? 

Ans- The premium for a term plan of 1Cr would be around Rs 8,000 to Rs 15,000. The same cover costs an average of Rs 50,000 in a home loan insurance plan. A term plan is therefore more affordable as compared to a HLPP. A term plan offers a specified protection cover that is payable if the insured dies.

Q. How much does it cost to insure a loan? 

Ans- Paid either monthly or in a lump sum upfront, typically, you can expect PMI to cost between 0.58% to 1.86% of the loan amount according to mortgage insurance data from the Urban Institute. In dollars, Freddie Mac estimates this to look like $30 to $70 per $100,000 added to a monthly mortgage payment.

Q. Is insurance mandatory for home loan RBI? 

Ans- The RBI rules for home loan insurance also stipulate that it is not compulsory for home loan customers to purchase insurance from their lenders.

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