Body of Mahendra Singh was found hanging from the ceiling of his room by his wife yesterday in Pichaura village of Kanpur (Rural) district, police said.
He had mortgaged his land in 2007 to take a bank loan of Rs 3.14 lakh for a tractor, Singh's wife Lakshmi said.
His wife claimed the fear and stress of not being able to repay the amount made Singh commit suicide.