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Arjun Kapoor applies for a bank loan of Rs 40 lakh?

Friday 31 October 2014 | 7:14 AM

Arjun Kapoor, currently involved with the post production for his upcoming movie Tevar is in the news for an offbeat reason. Apparently the son of producer Boney Kapoor has borrowed Rs. 40 Lakh from a private bank. According to the grapevine, the actor and his maternal grandmother have together applied for the personal loan. Since their document submission is now completed, their loan will most likely be approved soon. Rumour mills suggest that Arjun has taken the loan to start a business and invest in property as well, however, others say that his grandmother is the principal borrower and Arjun just a part of the process. Refusing to divulge the reasons for the loan, Arjun’s spokesperson said, ”everyone in India takes bank loans, and Arjun and his family members are no exception. It obviously doesn’t require any further explanation.”