Mizoram Man Pays Bank Rs 10 Lakh To Clear The Loans Of 4 Strangers Struggling For Funds

In a heartwarming gesture, a man in Mizoram stepped up to clear the bank loans of four people who were struggling for funds amid lockdown.

According to The New Indian Express, the man offered help on the strict condition that his identity not be revealed. He did not seek any publicity for his act of benevolence.

Image For Representation/Reuters

The report states that the man helped close the loan accounts of the quartet, three of them women, by transferring Rs 9,96,365.

Only a few officials who helped him with the paperwork at State Bank of India¡¯s (SBI) Aizawl branch, knew his identity.

¡°Three of us at our bank branch have known this gentleman for some time. So, he visited us the other day to tell us about his intention. He said if we select some people who had availed of loan to be self-reliant by mortgaging property but are struggling to repay, he will make the payment. He had limited the help to Rs 10 lakh,¡± the SBI branch Assistant General Manager Sheryl Vanchhong told The New Indian Express.

She said they selected four such people who were doing some petty trades but were suffering in the COVID-19 lockdown.

Image For Representation/PTI

Sheryl said the beneficiaries were called the next day and when they arrived, the land documents they had mortgaged were returned. They were at a loss of words to thank the unidentified man.

At their insistence, the bank had requested the man to visit the branch. However, he refused to come as he stood firm against publicity. The bank had urged the four beneficiaries not to make public the help that came in for them.

However, the only man, Muana L Fanai, took to social media to thank the "guardian angel". He had availed the loan for poultry farming.

Source/economictimes

He wrote: "I suffered a series of setbacks, which worsened after the novel coronavirus outbreak. This mysterious man cleared my outstanding amount of Rs 2,46,631."

"This is the first time that he made the help anonymous. He helped a lot of people in the past,¡± she said, adding, "He is an important customer of SBI and well known in our bank circles."