20-year-old Student commits suicide after Bank issues notice over unpaid loan

A 20-year-old university student hanged herself at home after a bank put up a notice saying her family’s house was being seized because the family failed to repay a loan they had taken.

The student took the extreme step after Kerala Bank in India posted a notice on her family house saying that the property now belongs to the bank as they had defaulted on a loan.

The 20-year-old victim, identified only as Abhirami Kumar, is the only daughter of her family.

She was found hanging inside her house at around 5. P.m. Her parent had gone to the bank to ask for more time to settle the loan when she committed the act.

Her father, Aji Kumar, who had previously worked abroad, had requested about Rs 150,000, about N793,000 from the Patharam Branch of Kerala Bank in 2008.

According to reports, the family had maintained a regular repayment plan with the bank but went into a financial crisis after Kumar lost his job due to the COVID-19 pandemic and returned home.

The family had repaid Rs 1.5 lakh in March this year and asked the bank for time to repay the balance.

However, the bank officials went to the family house and pasted the notice saying the property was under the bank’s custody.

Abhirami’s parents were at a relative’s place when the bank officials installed the notice and returned to a billboard at the property with the property attachment notice.

The family alleged that the student killed herself over the notice.

The family has registered a case of natural death and remains handed over for post-mortem, police officials say.
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