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The Hindu
The Hindu
National
The Hindu Bureau

Loan app scam: engineering student found dead

A 22-year-old student in Bengaluru allegedly ended his life at his house in HMT Layout, Jalahalli, on Tuesday evening after being harassed by a loan app company.

Tejash Nayar, a 6th-semester engineering student, had reportedly borrowed ₹46,000 using a loan app. When he was unable to repay the loan, the company executives allegedly harassed him. Unable to bear the harassment, he ended his life, after leaving behind a note apologising to his parents.

In his complaint, Gopinath P.S., father of the deceased, said Tejash had been using loan apps for the last one and a half years. When he came to know about it 20 days ago, he helped him with some money to repay the EMI. Since then, he has been in depression and not talking to anyone.

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