Have you become a victim of loan app? Zerodha’s Nitin Kamath told the way to escape

Unforeseen circumstances in life sometimes leave people financially devastated. In such a situation people resort to loans. However, sometimes it becomes so heavy that people not only kill themselves, but also kill their entire family. Recently such a case has been seen in Bhopal and Bengaluru. Nitin Kamath of Zerodha has given great advice regarding such matters.

Law is there to protect the victims

Nitin tweeted one after the other regarding this matter. He warned people to stay away from all illegal loan apps. If for some reason you have fallen into the trap of such loan apps and are being harassed by loan app companies, then take the support of the law. Nitin tells all those who are being harassed by loan apps that there is a law to protect you.

App not closed even after strictness

These tweets of Zerodha co-founder are not accidental. Loan app cases have increased rapidly during the last few years in the country. Especially after the Corona epidemic, the economic condition of many people worsened and they fell into the trap of the loan giving app. After that the series of endless harassment started. Many people were forced to commit suicide due to various types of blackmailing. In view of such cases, regulators and law enforcement agencies like the Reserve Bank acted strictly and were able to curb it to some extent, yet it has not stopped completely and people are still becoming victims of loan apps. .

These 2 cases came recently

In the case of Bhopal, a person ended his life along with his wife and children after being harassed by the agents of the loan app. A similar incident also came to light in Bangalore, where a 22-year-old engineering student committed suicide. Both the cases are related to loans taken from the app, wherein the victims were blackmailed by the agents of the loan app after they were unable to repay the loan. Thousands of such cases have come to the fore after Kovid.

You can complain like this

Nitin tells the victims of the loan app that if you are also being harassed, then know that there is a law in the country to protect you. If the agents of such illegal loan apps are troubling you, then lodge a complaint on the National Cybercrime Portal of the government. This portal gives the facility to the victims and victims to lodge complaints online. Nitin also suggests calling 1930.

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