[ad_1]
A 33-year-old man in Puducherry reportedly died by suicide after allegedly experiencing relentless pressure from private moneylenders who forced him to pay colossal interests.According to a report by NDTV, the victim was identified as a local functionary of the Tamilaga Vettri Kazhagam (TVK), a political party floated by Tamil actor Vijay.Vikram, a small entrepreneur, who also worked at a chicken shop, was left paralysed in an accident, leaving him unable to repay his loans.As per police sources quoted by NDTV, the deceased left a suicide note naming several private moneylenders who allegedly pushed him to take the extreme step. ₹38,000 interest on  ₹3.8 lakh loanIn his suicide note, Vikram reportedly mentioned about the exorbitant interest rate that he was being forced to pay to the moneylenders.He reportedly wrote that he was paying  ₹38,000 as interest every month on a loan of  ₹38 lakh. That amounts to a staggering 10 per cent interest rate every month.Vikram was also paying  ₹6,000 as monthly interest to another moneylender for a loan amount of  ₹30,000, as per his suicide note.Suicide note describes harassmentThe victim also described the details of the harassment he faced from these moneylenders. In one of the instances, he mentioned that one of the loan sharks asked him to send his wife and daughter to his home until he could repay the money, as per the NDTV report.The harassment allegedly increased after his accident, when he became bedridden, pushing him and his family into a spiral of debt, desperation and fear.Vikram made a heartbreaking appeal in his suicide note to Tamil actor Vijay, the founder of TVK, to look after his wife and daughter after his death.The police have launched a probe into the allegations and are currently identifying and verifying the moneylenders mentioned in the suicide note, according to the NDTV report.However, no one has been arrested so far.While authorities have promised a thorough investigation, the incident has ignited public outrage on social media. Many have called for immediate action to put curbs on illegal moneylending and have appealed for justice to the family of the victim.
[ad_2]
Source link 
 
							HomeBlogOther TalentsPuducherry man made to pay  ₹38,000 interest per month on  ₹3.8 lakh loan, dies by suicide | Today News
Puducherry man made to pay ₹38,000 interest per month on ₹3.8 lakh loan, dies by suicide | Today News
September 3, 2025
Read next
Custom Ammo Boxes: Your Way, Your Design
October 15, 2025
Ammo boxes made of cardboard in wholesale are the answer that businesses and individuals will get a durable and…
					5 min read
4 views
								Cousin Kula Talk India Debut at Magnetic Fields Festival 2024
December 5, 2024
[ad_1] As far as first impressions go, Bristol-origin band Cousin Kula’s second album Vitamin D (released in…
					6 min read
5 views
								Top 7 Questions to Ask Before Hiring a General Contractor for Your Home
September 12, 2025
Hiring a Phoenix general contractor for your home renovation or construction project is a significant decision…
					3 min read
8 views
								Bibhu Mohapatra – a New York-based fashion designer and costume designer.
March 24, 2021
His creations have been featured in many fashion magazines including Vogue, In-Touch Magazine. DNA,New York…
					2 min read
66 views
								 
		 
		 
		 
										 
										 
										 
										 
				 
				 
				 
				