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Couple found dead at house, kin alleges threat from bank

Couple found dead at house, kin alleges threat from bank

Time of India6 days ago

Thiruvananthapuram: A couple, who were reportedly facing a severe financial crisis, were found dead at their house in Karamana, allegedly after receiving a call from a nationalised bank informing them that their house would be attached on Monday as part of revenue recovery.
Police identified the deceased as Satheeshan, 55, of Keshava Bhavan near Kochu Kattanvila at Thamalam and Bindu V, 49. Bindu's body was found hanging in the bedroom and Satheeshan's body was lying on the floor.
"Only after a postmortem can we confirm whether it was suicide or whether there was any foul play. The cause of Satheeshan's death has also not been confirmed. There was some bleeding from his body," said police.
The relatives of the deceased alleged that the bank cheated the deceased by charging an enormous amount as interest on the loan taken.
According to relatives, Satheeshan took a loan of Rs 60 lakh about seven years ago. He suffered a stroke in 2021. Following this, he could not repay the loan amount. "Two years ago, the bank offered him some money as a top-up of the existing loan. However, he received no money, and the bank asked him to pay Rs 1.10 crore to avoid revenue recovery.
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In April, the bank staff members had reached the house to seal the property, but due to the resistance by local people, they did not proceed with it.
The bank later directed him to pay back Rs 2 crore. Following that, he filed a case against the bank demanding a reassessment of the way the repayment amount was calculated and also for threatening him on the phone continuously," said Binu T, brother of Bindu.
Binu also said the family was planning to sell the house to repay the loan, but by projecting a huge amount, the bank ruined their plans to clear the dues.
Locals recently protested in front of the bank demanding justice by waiving off some part of the interest. But the bank was not willing to do so, alleged Binu.

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