I’m stuck in between Loan and the insurance – I Don’t Know what to do ?? help me

[User_e028b25d]

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User_e028b25d
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May 5, 2026 at 6:58 pm

so my father passed away on march 18 2025 , he is a state government employee (driver) in tamilnadu when he died due to cardiac arrest . he took the loan of 11.3 lakh on jan 2025 which is a top-up loan of 8 lakh in his pension account ( he was a ex-servicemen ) . after that the pension credited account was changed to my mom which is canara bank . so that we didn’t pay 2months of due ( april , may ) . loan collecting agent came to our house and told us if we didn’t pay the loan EMI , they will not approve the state government insurance . so my mother paid emi till this month . and now the Deputy Branch Manager told me that the insurance will not be approved and also we asked for the settlement for the loan based on the insurance amount will come . we asked that every loan there must be loan insurance needed to provide but they say its pension account we cant provide any insurance for the pension loan . it’s really sucks that in the end we needed to pay EMI until the loan close and not getting any insurance of state government employee

the natural death of state government employee insurance will provide upto 10 lakhs

and also we asked the settlement of the loan so they said we’ll need to pay 5 lakhs for the loan closure .

if you have any queries ask me !!

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