Puducherry man takes own life after being forced to pay Rs 38,000 monthly interest for Rs 3.8 lakh loan 

The termination enactment mentioned a moneylender who allegedly asked the unfortunate to nonstop his woman and girl to his location until the clip helium could repay the dues

The deceased has named respective moneylenders successful his termination note, alleging they drove him to instrumentality the utmost step. Photo for representational intent only. iStock

A 33-year-old antheral from Puducherry died by termination aft being nether a batch of unit from backstage moneylenders. He was a subordinate of the Tamilaga Vettri Kazhagam (TVK), a governmental enactment started by Tamil histrion Vijay.

The antheral had borrowed Rs 3.8 lakh, and the lenders were asking him to wage Rs 38,000 each period conscionable arsenic interest. He had besides taken different indebtedness of Rs 30,000, with Rs 6,000 monthly interest. These were precise precocious rates that made it hard for him to repay.

He utilized to tally a tiny concern and enactment successful a chickenhearted shop. But aft a superior accident, helium became paralysed and couldn’t enactment anymore. Because of this, helium was incapable to wage backmost the loans.

In the enactment helium near behind, helium blamed respective moneylenders for his death. He wrote that 1 of them adjacent asked him to nonstop his woman and girl to enactment astatine the lender’s location until the wealth was repaid. He was feeling helpless and highly stressed, reports NDTV.

Before taking his life, helium made a petition to histrion Vijay, asking him to instrumentality attraction of his woman and girl aft his death. The constabulary person started looking into the lawsuit and are trying to find retired much astir the moneylenders mentioned successful the note. No 1 has been arrested yet.

The deceased has named respective moneylenders successful his termination note, alleging they drove him to instrumentality the utmost step, says the report.