My name is Govind Kumar. I am filing this petition with a heavy heart and immense urgency.

My father passed away due to a heart attack on 10th December 2024, just months after taking a home loan from Piramal Capital & Housing Finance Ltd. (Piramal Finance). He had also taken loan insurance to protect our family from financial burden in such a tragedy.

But after his sudden death, Piramal Finance has denied the existence of the insurance. They are:

Claiming that the policy “does not show in their system”
Alleging that “the insurance might have been returned” — without any proof
Refusing to activate the insurance benefit
Threatening to seize our home if we don’t pay full EMI immediately
I have already submitted:

Death Certificate
Loan documents
Proof of insurance
Complaint copies to RBI, IRDAI, DLSA, and Piramal customer care
Still, no action has been taken.

This is not just about me. I strongly believe many poor and vulnerable families are being similarly exploited — at their weakest moment.

I am requesting the Finance Ministry, RBI, IRDAI, SEBI, and the Indian media to:

Investigate Piramal Finance’s practices
Enforce justice and activate legitimate insurance claims
Penalize those exploiting grieving families
Protect borrowers from such inhuman harassment in the future
Please sign and share this petition. Your support can help save my home — and stop this from happening to others.

Thank you.

– Govind Kumar
Boisar (West), Mumbai, Maharashtra