Idbi bank limited, Finance company

Aurangabad, Feb 20:A Finance Company was duped by taking loan of Rs 31,65,805 on the basis of forged documents. The Kranti Chowk police have booked three persons including the loan applicant and two employees of the company.The accused have been identified as applicant Sarfraz Siraz Sidddique (Chintamani Colony, Samtanagar), employees Vishal Raosaheb Jadhav and Bhushan Devidasrao Baviskar.Police said, complainant, Ganesh Jairam Chaudhary runs a private finance company at Adalat Road area. The company verified the information of the loan applicants from a third party. Siddiqui had applied for loan in the company and his eligibility report for taking the loan was negative. However, the local officers Vishal Jadhav and Bhushan Baviskar hide this information from the loan sanction officer of the company and presented forged sanction letter to the company. A loan of Rs 31,65,803 was sanctioned to Siddique. He had to repay the loan in the monthly installment of Rs 27,626. However, Siddique did not pay the installments. The company started search and found that the residential address of Siddique was false. In further investigation, it was found that Jadhav and Baviskar had duped the company. Chaudhary then lodged a complaint in this regard at the Kranti Chowk police station.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Idbi Bank LimitedFOLLOW

Idbi bank limited, Latest News

International :Religare Finvest signs agreement with all its lenders for One Time Settlement

New Delhi, Dec 30 In a path breaking update, Religare Enterprises Ltd on Friday announced that in accordance ... ...

Maharashtra :Maha police registers case against two persons for failing to repay loan worth Rs 35.64 lakh

The police have registered a case against two persons in Maharashtra’s Thane district for allegedly failing to repay their ... ...

Aurangabad :Police files cheque-fraud case against five for cheating of Rs 18 lakh

Aurangabad, Aug 12: Satara police station has registered an offence against five persons including two representatives of a finance ... ...

Aurangabad :3 arrested for robbing finance company agent

Aurangabad, Oct 12: The local Crime Branch (LCB) team arrested three persons for allegedly robbing an agent of a ... ...

Aurangabad :3 booked for duping finance company

Aurangabad, Feb 20: A Finance Company was duped by taking loan of Rs 31,65,805 on the basis of forged ... ...