New Delhi, Apr 26 (PTI) A 40-year-old man was arrested for allegedly duping a woman of Rs 3.80 lakh on the pretext of providing loans at cheap rates from nationalised banks, police said.

On March 31, a woman, resident of Paschimpuri, approached police regarding unauthorised withdrawal of Rs 3.80 lakh from her saving bank account.

The complainant also informed that a woman had called her a few days ago and convinced her that she would arrange a loan of Rs 12 lakh on very low interest rate.

Thereafter, the woman fixed the meeting with the complainant at her residence on March 31 to collect documents required for approval of loan.

On that day, the complainant provided all her documents, including copies of Aadhaar card, and a signed cheque on which a line was drawn with the pen in the space meant for writing name of bearer of cheque, to convince her that it was a cancelled cheque, police said.

However, the woman left her house and after half an hour, the complainant received a message on her mobile that Rs3.80 lakh have been debited from her saving bank account.

The complainant then approached police and a case was registered at the Punjabi Bagh police station in west Delhi.

The CCTV footage from the bank showed a suspicious person inside the bank.

During investigation, the bank cashier was also found to be negligent as he neither verified the identity proof nor he called the account holder before handing over such a large amount of cash to the accused, said Vijay Kumar, deputy commissioner of police (West).

Further, the team reached a hospital in Ramesh Nagar where the accused woman was found to be undergoing treatment. She told police that it was her husband, Deepak Arora, who had withdrawn the money. He was nabbed from near the Tis hazari metro station.

The accused revealed that he, along with his wife, had conspired to impersonate as loan agents of nationalised banks and call customers randomly, police said.

His wife is suffering from a disease and to meet the expenses of her treatment, they planned to cheat the bank customers, they said.

After the accused managed to withdraw Rs 3.80 lakh from the complainant's bank account, he handed over Rs 1.80 lakh to his wife and fled to Saharanpur, UP with the remaining amount, said the DCP.

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