Man kills himself for unable to pay EMI, as the company members sat outside his home for the collection.
A Plumber, Sadhan Sinha (40) residing in Bengal`s Murshidabad village hanged himself to death in daylight. The reason behind his death was that he was unable to pay EMI on time. He felt humiliated when agents of a private finance company allegedly sat outside his home until installments were collected.
Sadhan is survived by his wife and two sons, aged 18 years and 15 years. He had taken a loan of Rs 1 Lakh in January for buying a two-wheeler and failed to pay monthly installments of Rs 3,400 for the month of May and June.
He earned Rs 15,000-20,000 a month. However, his elder son said Sadhan’s income had fallen after stricter restrictions were imposed to contain the pandemic.
His wife said Sadhan had locked himself inside a room after the agents stayed put outside the house. When she went looking for her husband, she found their bedroom locked. After calling out several times, she looked through the window and saw Sadhan hanging from the ceiling fan.
Sadhana`s suicide brings to light how some Indians are unable to access monetary relief provided by the Reserve Bank of India (RBI).
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