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  • College student commits suicide after Kerala Bank notifies the family of Loan Default

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    College student commits suicide after Kerala Bank notifies the family of Loan Default

    The payments were initially consistent, but after Aji Kumar lost his job as a result of the COVID pandemic, the family experienced financial difficulties. After that, he had to go back to Kerala. color:#252525">

    color:#252525">Digital Desk: A college student committed suicide after Kerala
    Bank posted a notice in front of her home, warning that her property was being
    attached because she had not paid back a loan.



    color:#252525">On Tuesday, the event happened in the Sooranad neighbourhood of
    Kollam. The victim, 20-year-old Abhirami. She was the only child of Aji Kumar
    and Shalini. Around 5:00 p.m., Abhirami was discovered hanging inside her home.
    When the incident occurred, her parents had gone to the bank to ask for extra
    time to pay back the loan.



    color:#252525">Five years ago, Aji Kumar, who was previously employed abroad,
    obtained a loan from the Kerala Bank's Patharam Branch for Rs. 10 lakh. The
    payments were initially consistent, but after Aji Kumar lost his job as a
    result of the COVID pandemic, the family experienced financial difficulties.
    After that, he had to go back to Kerala.



    color:#252525">He requested additional time to settle the remaining amount
    after a sum of Rs 1.5 lakh was paid back in March. But yesterday morning, bank
    representatives went to the family's home under police protection and put up a
    sign announcing that the property was in the bank's hands.



    color:#252525">He requested additional time to settle the remaining amount
    after a sum of Rs 1.5 lakh was paid back in March. But yesterday morning, bank
    representatives went to the family's home under police protection and put up a
    sign announcing that the property was in the bank's hands.