State Bank of India, the reputed bank is now under pressure to achieve insurance selling targets from their sister company SBI Life. Beware if your SBI branch manager is promoting a insurance policy to you, as you can be sure that the hidden cost will not be shared with you and you will be shocked to know that SBI has already deducted 20% of your premium as their charge and your investment has delined by 20% on very first day...
they dont tell you this...
and what if you want to discontinue the policy within the free review period... so what the bank still charges to 20% of your money... so all in all... SBI has started cheating folks...
Be aware of the "state bank of india"