SignIn
Kerala Kaumudi Online
Wednesday, 27 May 2020 3.01 AM IST

House owner found hanging due to inability to repay bank loans

stee

KATTAKADA: A house owner was found hanging allegedly for being unable to repay the loans taken from a bank. The deceased has been identified as Poovachal native Sukumaran(65).

The bank had issued notice warning of seizing Sukumaran's house if he failed to repay the dues. According to sources, Sukumaran had borrowed a loan of Rs 4 lakh from the bank. Though he was able to repay Rs 2.5 lakhs, his burden increased once his son Ranjith borrowed another Rs 6.5 lakhs from the bank. Soon he began finding it difficult to pay the interests. Following this, the bank proceeded with legal procedures and went on to paste a notice in front of his house and property. Meanwhile, the bank authorities have not responded regarding the issue.

Sukumaran is survived by wife Thankamani, son Ranjith and daughters Soumya and Ramya.

JOIN THE DISCUSSION
TAGS: SUICIDE, HANGING, BANK LOANS
KERALA KAUMUDI EPAPER
TRENDING IN KERALA
TRENDING IN KERALA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.