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    HomeHyderabadMan in Hyderabad commits suicide due to harassment by private bank for...

    Man in Hyderabad commits suicide due to harassment by private bank for loan repayment.

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    A man named Chenchelpet Srinivas (38) hanged himself to death in his house in Rudraram after being repeatedly harassed by a private bank. He was the sole bread earner for his family and had taken loans from friends and relatives to pay for his mother’s funeral and 10th day ceremony, who had died six months ago. To clear these loans, he took a loan from a private bank. The private bank employees started calling him and threatened to inform his friends and relatives about his inability to pay back the loans if he did not clear the EMIs. They also threatened to block his banking transactions and to get his Aadhar card ‘suspended’. Srinivas was humiliated by this and decided to take the extreme step.

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    Srinivas was working with a company close to his village. His wife Lavanya filed a complaint with the police, stating that her husband had sleepless nights as he used to get frequent calls from the bank. Although family members say he had taken a loan of about Rs 4 lakh, they do not have any proof for this.

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    Inspector N Venugopal Reddy said they were verifying the exact loan that Srinivas took and that the police would take stern action against banks or loan apps found harassing customers. Srinivas is survived by his wife and two children. The body was handed over to relatives after post-mortem at the Area Hospital Patancheru on Saturday, after which the funeral was performed.

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