What Is The Truth Of The Viral Letter Claiming Mudra Loan Of Rs 1 Lakh For Processing Fee Of Rs 1750

These days a letter is quickly going viral on social media. This letter refers to the Government’s Currency-Loan Scheme no. The letter also gives the address of Bengaluru and the name of the Mudra Loan Scheme is also stamped. It is also claimed that this is an approval letter for a currency loan of one lakh rupees.

What is the content of this viral letter??

Nowadays a letter is going viral on social media through WhatsApp or mail. This viral letter fulfills almost all the conditions of being an official letter. On this there is a mention of ‘Pradhan Mantri Mudra Loan Yojana’ and the Ministry of Finance is also discussed. It gives a Bengaluru address and is described as an approval letter. This approval letter calls for repayment of a loan of Rs 1 lakh. NEFT is mentioned for payment and related items are written by making appropriate box at the bottom of the letter.

What was found after the investigation??

PIB has verified the authenticity of this letter. After his investigation, he has termed the letter as fake, misleading and false. In his tweet, he has said that the Finance Ministry has neither issued any such letter nor there is any tradition of issuing such a letter. The PIB has said that the letter is fake and could be a fraud scheme.

An approval letter claims to grant a loan of ₹1,00,000 under the 𝐏𝐌 𝐌𝐮𝐝𝐫𝐚 𝐘𝐨𝐣𝐚𝐧𝐚 on payment of ₹1,750 as loan agreement charges#PIBFactCheck

◾️This letter is #Fake

◾️@FinMinIndia has not issued this letter

Read more: 🔗https://t.co/cQ5DW69qkT pic.twitter.com/dpykhOGhmP

— PIB Fact Check (@PIBFactCheck) July 3, 2023

He has also warned people not to blindly believe any such letter even if it comes to them. Avoid giving your personal information or bank details etc., said PIB. Many times it happens that if you knowingly share your personal information without trusting such a letter, then your bank account gets hacked and your very personal pictures or information can also be stolen.

We also appeal to our readers and viewers to believe any such letter or information only after thorough verification. PIB is present to verify government schemes, has its own helpline and appeals to people to continuously share information, verify. Also, many fact-checking organizations are now operating, so keep your mind lit and don’t just go for appearances. Don’t believe blindly.