Instant loan apps: Another suicide in Telangana over harassment for repayment

A 36-year-old man, who attempted suicide over alleged harassment by microloan lending app companies, died five days later while undergoing treatment in Andhra Pradesh’s Visakhapatnam, police said.

He passed away on the evening of December 23 at King George Hospital. Following a complaint from his friend, NTPC Police Station in Telangana’s Ramagundam has now registered a case under Section 306 (abetment of suicide) of IPC and started an investigation.

DNM Santosh Kumar, a native of Visakhapatnam, had attempted suicide at his rented house at Malkapur of Ramagundam on December 18.

Before that, the police said, Kumar had recorded a video in which he said he was resorting to the extreme step because of unbearable harassment and humiliation over repayment of loans”.