A man has been charged with obtaining a personal loan from a bank for Rs 12 lakh via the submission of fraudulent documentation. The defendant has been recognized as Kaithal district resident Darbara Singh. In his police complaint, the general manager of the bank with headquarters in Yamunanagar said that Darbara had applied on November 10, 2022, for a personal loan.
He said that the accused had admitted to the former branch manager that he was employed in the education department and that he had submitted a loan application with fictitious pay stubs and identification verification attached.
The complainant claimed that a personal loan of Rs 12 lakh was approved based on the advice of the bank field officer at the time.
“He paid the debt back in installments for a few months, but then he stopped making payments. The complainant informed the police that he declined to pay the installments when requested to do so. He said that these loan papers were found to be fraudulent when they were examined.
On May 4, a charge under the Indian Penal Code’s Sections 420, 467, 468, 471, and 120-B was filed against Darbara Singh at the city police station.