Muthoot — Insurance amount deduction without our concern

Address: Ambattur , Chennai

This gold finance company Muthoot finance is charging more amount as insurance forcefully from all the customers . I have availed loan for gold from this company they have forcibly charged 700 rs from the loan amount . Why am I supposed to avail this insurance where as I have multiple insurances running already on my name for home loan car loan also in my office . This should not made compulsory for everyone .