
A Jammu and Kashmir policeman, Imtiyaz Hussain, sparked controversy on social media after alleging HDFC Bank denies loans to police officers. In a shocked online post, Hussain claimed he encountered this “shocking and hurtful” policy while applying for a personal loan.
Applied for personal loan in @HDFC_Bank. Was shocked to know that they don’t provide loans to policemen as a policy. It is so hurtful and insulting to know.
— Imtiyaz Hussain (@hussain_imtiyaz) December 19, 2023
The men in Khaki who toil day and night in service of our great nation being treated like this should be unacceptable to…
“The men in khaki, who tirelessly serve our nation, deserve better than this,” Hussain wrote, tagging the Jammu and Kashmir Police and the Home Minister’s office.
While HDFC Bank promptly denied the existence of such a policy, clarifying that they have many police officers as valued customers, Hussain’s post resonated with several others. Disgruntled bank customers from various professions chimed in, sharing their own experiences of loan rejections despite solid income and established relationships with the banks.
Hi Imtiyaz, we would like to clarify that there is no such policy. Many policemen across the country are our esteemed customers, having availed loans from us. We are sorry about your experience and will be in touch with you regarding the issue faced. -Team HDFC Bank
— HDFC Bank Cares (@HDFCBank_Cares) December 19, 2023
This incident ignited a wider debate about potential discriminatory lending practices based on profession, leading to questions about fairness and ethical lending policies.