Kichha : On the pretext of giving loan, the micro finance company operator escaped by depositing money through the group. People kept waiting for the money to come in the account. When the money did not come for three days, on contact, the mobile was switched off and the office was found hanging. The troubled people have demanded action from the police against the accused.
A well-known micro finance company had opened its office in Kichha. The company operators contacted the villages of Tehsil Baheri district Bareilly Uttar Pradesh on the Uttarakhand border, whose transactions go through Kichha only. After reaching the village, the company systematically sent a person named Vikas as its agent. By contacting the villages situated on the border, Nadeli, Sidora etc., he took the groups into his confidence on the pretext of giving loans and called the villagers to Kichha office.
On June 4, in Kichha office, 57 people deposited an amount of one lakh 19 thousand five hundred rupees as security deposit according to 21 hundred. After getting the paperwork done from them, the company officials assured them to distribute the money after reaching the company’s account by Saturday, but the money did not come till Tuesday. During this, the villagers also contacted the officials of the company on the mobile, but no one is getting the call. When he saw the lock hanging on the office too, he realized that he had been cheated.
14.5 percent interest on loan of 35 thousand
The micro finance personnel had fixed the loan limit of Rs 35,000. On which interest of Rs 5530 was fixed at the rate of 14.5 percent, for which an installment of Rs 1690 was to be deposited per month. 2150 was deposited as security deposit. Villagers have also made a complete video of depositing money. It is being told that the headquarter of the company is in Chennai.
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