Loan Payment Fraud: Assam Gramin Bank Agent and Manager Accused of Embezzlement

Assam: A complaint has been lodged against an agent and a manager of Assam Gramin Bank, accusing them of embezzling loan installment payments. The case, filed at the Ratabari Police Station, has prompted several affected women to approach the Police Superintendent, seeking justice.

The issue came to light when a woman from Kaibajan, Sribhumi district, discovered irregularities in her loan repayment. She had deposited ₹17,000 as part of a loan repayment of ₹3 lakh through the bank’s agent, Nitush Roy. Upon inquiry, the bank manager at the time, Nipjyoti Barman, assured her that the payment had been credited to her account.

However, after the manager was replaced, the woman learned that the payment had not been deposited. This lapse led to increased interest rates, inflating the outstanding amount to approximately ₹70,000.

The affected women have called for legal action against both the agent and the former manager, accusing them of misappropriating funds. The case highlights the need for stricter monitoring of loan repayment processes to safeguard customers from financial fraud.

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