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This taxi driver woke up one morning to find Rs 9,806 Crore in his Jan Dhan account

Nov 29, 2016, 17:15 IST
For a tax driver who is used to seeing Rs 3,000 in his account, waking up one morning to see Rs 98,05,95,12,231 in his account can give him the shock of his life.
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Patiala's Balwinder Singh could not count the figure that reflected on his phone when he woke up on November 4th. His Jan Dhan account with SBI, Patiala was credited with a little less than Rs 9,806 crore! Interestingly, the incident happened four days before Modi's demonetisation move.

Just when Singh was coming to terms with the truth, the money was debited from his account the very next day.

“I made many rounds of the bank, but nobody listened to me. Instead, they kept my passbook with them on November 7, and issued a new passbook without the gigantic entry,” said Singh.

Branch manager Ravinder Kumar refused to divulge any details. “An investigation by income tax (I-T) officials is on,” he said.

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Meanwhile, the defence that came from Lead bank manager Sandeep Garg made a little sense.

“The account holder happens to be a designated vendor for the bank. While passing a credit entry of Rs 200, an assistant manager (accounts) wrongly inserted the bank’s 11-digit internal Banking General Ledger account number in the amount column. The mistake was noticed the next day, following which the entry was reversed,” he told media.
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