The complainant alleged that the accused conspired to divert a significant portion of the loan sanctioned in her name, misused signed cheques and documents, and later threatened her
Lucknow: A 26-year-old Indira Nagar resident has accused two alleged loan facilitators, a branch manager of Bank of Maharashtra and another associate of cheating her in connection with a ₹35 lakh loan, police said.
She alleged she was taken to the Bank of Maharashtra’s Rajni Khand branch, where bank officials obtained her signatures on multiple documents and 10 blank cheques as part of the process. Police said a ₹35 lakh loan was later sanctioned in Fatima’s name, but she alleged only ₹15 lakh reached her account, while ₹20 lakh was transferred via RTGS to another account after she was asked to sign additional documents in Sept 2025.
Fatima stated that she provided her Aadhaar and PAN details after being told a fish-farming loan would be sanctioned in her name.
Police have registered an FIR under Sections 318(4) (cheating) and 351(3) (criminal intimidation) of the Bharatiya Nyaya Sanhita (BNS). The complainant, Firdous Fatima, alleged that the accused conspired to divert a significant portion of the loan sanctioned in her name, misused signed cheques and documents, and later threatened her when she questioned the transactions.
Fatima’s brother, Irfan Ahmed , who runs a fish-farming business, was approached by Vipul Bhatia, Mohammad Bilal and Shailendra Srivastava, who allegedly promised to arrange a low-interest loan along with a govt subsidy, according to the FIR.
Since Irfan had already taken a loan earlier, the accused allegedly suggested that a fresh loan be obtained in the name of another family member.