Mitali
On 3rd August 2025, a 20-year-old Deepak received a notification showing a credit of Rs.1.13 lakh crore - a total amount with 37 digits. The reported number represented as: Rs. 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299
Deepak from Greater Noida, Uttar Pradesh, was operating the Kotak Mahindra Bank savings account which belong to his mother Gayatri Devi, who had passed away approximately two months earlier.
Response from Bank & Authorities
The next day, Deepak visited the branch, bank officials confirmed the record-setting balance but immediately froze the account and flagged it as suspicious.
The matter was promptly reported to the Income Tax Department, which has initiated a formal investigation to determine if it was due to a technical glitch, system error or potential money laundering.
Kotak Mahindra Bank later issued a statement denying any irregularity in their systems, insisting all services remain functional and urging customers to verify their account balances via official channels.
Conclusion
This unusual case of an astronomical 37-digit deposit into a deceased woman's bank account is most likely to be the result of a technical glitch. While the investigations are now underway, but it serves as a reminder that even the most secure financial systems can face bizarre anomalies and must be equipped to handle them swiftly and transparently.
CAclubindia
