A former Pune bank manager and three others were charged, according to police, for using a farmer’s information to sanction a loan on his behalf without his knowledge
PUBLISHED SEPTEMBER 30, 2021 12:21 AM
PUNE: A former manager of a Pune bank and three others were charged, according to police, for using a customer’s information to sanction a loan on his behalf without his knowledge. The complaint was made by Vikas Patil, 42, a farmer from Bambavade in Palus, Sangli.
The complainant informed police that the loan was sanctioned on his behalf in October 2019 when he tried to secure a loan for â¹10 lakh. The men allegedly used the documents provided by the complainant, including a blank check, and received a loan sanctioned.
âThe three defendants are relatives of the man, the bank director is said to have helped them. One of the defendants was a guarantor in the applicant’s loan application. The complainant applied for a loan but did not receive it. Two years later, he had his Cibil score checked for some financial work and found it to be low. That’s when he realized it was worth an unpaid loan â¹45 lakh on his behalf, âsaid Deputy Inspector Mohan Salvi from the Khadki Police Station who is investigating the case.
The man had asked for a loan of â¹10 Lakh and the men used the documents to get a loan from. to get â¹45 lakh and, according to the police, did not give the applicant the original loan amount.
A case under Sections 406 (criminal breach of trust), 420 (fraud) and 34 (joint intention) of the Indian Criminal Code was registered at the Khadki Police Station.