Published on April 3, 2026
A contractor from Rajkot has come forward with serious allegations against a local lender, claiming that he has paid a sum of 18 lakh INR but is currently facing threats from the lender regarding the repayment of a purported loan.
The contractor, who wished to remain anonymous, stated that he entered into an agreement with the lender for a business project and was under the impression that the terms were mutually beneficial. However, he now alleges that despite his payments, the lender has been harassing him for additional sums, threatening legal action and possible seizure of his property.
According to reports, the contractor claims to have made multiple payments amounting to 18 lakh INR based on the original loan terms, but insists that the lender has since altered the repayment structure without his consent, leading to confusion and distress.
Witnessing a rise in tension, the contractor has expressed concern for his safety, stating that he has received threatening phone calls and messages, which have left him feeling vulnerable and desperate. He has reached out to local authorities for protection and legal advice, hoping to resolve the matter promptly.
Local financial experts suggest that individuals entering lending agreements should carefully review the terms and maintain a record of transactions to avoid such disputes. The situation has raised questions about the accountability of lenders and the legal mechanisms available to protect borrowers in similar circumstances.
As the story unfolds, the contractor is pleading for justice and hoping that his case will serve as a warning to others about the potential dangers of informal lending practices in the region.
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