How a Rs 16 lakh overdraft promise led a Delhi man to buy a Rs 2 lakh policy

A Delhi businessman was promised an overdraft facility of Rs 16 lakh at a throwaway interest rate of 65 The catch was a Rs 190-lakh insurance policy The loan…

1 sources · 1 articles · updated 2026-10-30 05:53 UTC · business

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1. How a Rs 16 lakh overdraft promise led a Delhi man to buy a Rs 2 lakh policy

   India Today · 2026-10-30 05:53 UTC

   A Delhi businessman was promised an overdraft facility of Rs 16 lakh at a throwaway interest rate of 65 The catch was a Rs 190-lakh insurance policy The loan never came through and the callers stopped responding He reached out to IndiaTodayin to share his story

   Summary on nerom.app