Moneycontrol PRO
HomeNewsIndiaBank tells tea seller he owes Rs 50 crore after he applies for a loan

Bank tells tea seller he owes Rs 50 crore after he applies for a loan

Rajkumar, the road-side tea seller from Haryana, who has an entire family depending on him for sustenance, claims he never took the loan

July 23, 2020 / 22:23 IST

A humble tea seller in Haryana’s Kurukshetra got a rude shock when he approached a bank for a loan.

The road-side tea seller, who has been identified as Rajkumar, was struggling to sustain himself since the outbreak of the coronavirus pandemic. So, he had applied for a bank loan to start a new venture.

However, not only did his loan application get rejected after submitting his Aadhaar details and other documents, the bank told him that he is a loan defaulter with an outstanding amount of Rs 50 crore.

Rajkumar, who has an entire family depending on him for sustenance, claims he never took the loan. “I had applied for a loan as my financial situation is dire due to COVID-19. Bank rejected it saying I already have a debt of Rs 50 crore; don’t know how that is possible,” he told ANI.


 
Moneycontrol News
first published: Jul 23, 2020 10:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347