Tamil Nadu Farmer Thrashed for Defaulting on Loan Payment
A farmer in Tamil Nadu was beaten up by loan recovery agents for failing to pay the loan instalments.
A farmer in Tamil Nadu’s Thanjavur district was beaten up and his vehicle was seized by loan recovery agents of a private finance company for failing to pay two instalments.
B Balan told Hindustan Times that he had taken a loan worth Rs 3.80 lakh in 2011 and has repaid a sum of Rs 4.11 lakh, but he was yet to pay two more instalments. He owes a sum of Rs 1.30 lakh to the company.
On Friday, at least, 20 people including 10 policemen, came to the village and began beating Balan. When he protested, he was only beaten more.
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