Telangana: Student dies by suicide, kin allege harassment by loan app executives

Based on preliminary investigation, police said the student had borrowed from his friends and other students in the college apart from the online loan app. He had also lost money playing online games and was reportedly upset about the financial debts, they said.

According to his father, he had repaid Rs 3 lakh of the loan amount.

The family members said that despite clearing the loans, agents from the app were harassing by calling other family members and relatives for repayment. Following this, the boy died by suicide.

“We are investigating that also,” a police official at Gudimalkapur Police Station said, over allegations of harassment by loan app agents. Police haven’t found a suicide note, he said.

A case has been registered and further investigation is on.