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Bank loan delay alleged cause of medico’s suicide

Despite court orders, the bank officials failed to give the loan for reasons not known
Krishnagiri: A 23-year-old medico has committed suicide in Armenia apparently depressed over the Indian Bank refusing to give him education loan depsite court orders. The medico’s father has lodged a police complaint against the officials of the Pochampalli branch of the Indian Bank who failed to release the loan amount.
A third year medical student of Yerevan Medical University in Armenia, R.Kannadasan, 23, of Jambukuttaipatti village in Pochampalli taluk of Krishnagiri, committed suicide a few days ago. Despite the orders of the Madras High Court two years ago, the Indian Bank branch at Pochampalli in Krishnagiri failed to grant the loan amout, the boy’s father, C.Raja alleged in his police complaint.
The boy’s father told Deccan Chronicle that Kannadasan joined a medical course in Yerevan medical university in Armenia after he was unable to get medical admission in Tamil Nadu.
He went to Armenia through an agency that gave advertisements promising free medical education for students who pass the entrance test. But, the university after admittig Kannadasan asked him to pay $5,000 as the annual fee. His father sold the ancestral property and paid the fee for the first year. Kannadasan’s friends and others supported him in the second year because of delay in getting education loan from Indian bank branch in Pochampalli in Krishnagiri.
Kannadasan had applied for the loan in 2012 but that was delayed though Madras high court had directed the Indian Bank’s Pochampalli branch to give Rs 20 lakhs as educational loan for Kannadasan.Despite court orders, the bank officials failed to give the loan for reasons not known, leading to the death of the Kannadasan, his father said.
( Source : dc correspondent )
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