
Clarification8 Oct 2026, 07:40 pm
Tirupati Fincorp Warns of Unauthorized Entity Impersonating
AI Summary
Tirupati Fincorp Limited has issued a clarification regarding an unauthorized entity operating as "Tirupati Balaji Finance". This entity has circulated a communication dated October 08, 2026, for a purported Business Loan of ₹12,00,00,000/- (₹12 Crore) and requested processing fees of ₹24,500/- to an Indian Overseas Bank account. Tirupati Fincorp categorically states it has no association with "Tirupati Balaji Finance" and has not authorized any entity to solicit or disburse loans on its behalf. The company is taking steps to protect its name and reputation and is evaluating legal and regulatory actions. It advises the public to exercise caution and verify information through official channels.
Key Highlights
- Tirupati Fincorp denies any association with "Tirupati Balaji Finance".
- Unauthorized entity circulated a fake loan offer for ₹12 Crore.
- Company is taking legal and regulatory steps.
- Public advised to exercise caution and verify information.
Price Impact
More from TIRUFIN