Dhiren Kalita of Ranakuchi allegedly committed suicide on Friday after he failed to pay bank loans amounting to Rs 11 lakh.
A police source said according to the victim’s family, Kalita hanged himself in the wee hours.
A suicide note confessed that he took the step as he was not able to pay off his loans, claiming that one Dipankar Kalita had cheated him in the processing of a loan.
The police said Dipankar, allegedly a loan agent of a government bank in Nalbari, had processed a loan of Rs 11 lakh for Dhiren but duped Dhiren for Rs 7 lakh and given only Rs 4 lakh.
The police have detained Dipankar for questioning.
Some other employees of the bank are allegedly engaged in a loan scam.