Hyderabad Police Urges Public to Stay Alert While Dealing with Loans, Financial Advances

Hyderabad Police Urges Public to Stay AleIn view of the increasing number of fraudulent loan schemes being reported in Hyderabad, particularly investigated by central Crime Station (CCS), the Hyderabad police cautioned citizens to remain alert and exercise utmost vigilance in any interaction involving loans or financial advances. 

During the years 2023-2025 a total of 25 loan fraud cases (2023 – five cases, 2024 – eight cases, and 2025



– 12 cases) reported at Central Crime Station. 

The key modes of fraud identified was that fraudsters pose as genuine loan providers (banks, NBFCs, cooperative societies) and collect personal identity documents like PAN, Aadhaar, bank details, or upfront charges from unsuspecting victims.

They demand “processing fees”, “account activation charges”, etc., but no loan is ever disbursed.