Farmer ends life near bank over loan issue
A 60-year old farmer committed suicide in front of a bank here on Thursday after he was informed that property documents pledged by him for a group loan can be returned only on repayment of the entire loan and not a part amount that he was willing to make, police said.
By : migrator
Update: 2019-08-01 21:20 GMT
Coimbatore
Bhoopathi hailing from Konganapuram in Sankagiri in Salem district came out of the bank here and suddenly consumed poison and collapsed, they said. He was rushed to a government hospital where doctors declared him brought dead.
Police said Bhoopathi and three others had taken a loan from the bank for starting a dairy.
Since the business ran into losses, he apparently wanted the loan to be divided and he be allowed to repay one share so that his documents could be taken back. The farmer approached the bank on Thursday but the authorities refused to comply with the request, police said. Depressed over the development, he came out of the bank and consumed the poison, they added.
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