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Man checks bank balance, finds Rs 1 lakh crore lien

By · Published by Everything Blog

In short

The issue surfaced on Wednesday, October 28, when Khan attempted to recharge his mobile phone using his Kotak Bank application. Earning a monthly salary of Rs 10,000 at Nirmal Medical Point, he discovered that a technical glitch showed his balance as zero and placed his savings on hold. Sikar Cyber Police Station launched an inquiry following Khan's complaint, with Assistant Sub-Inspector Deendayal confirming the receipt of the block notification. Bank officials subsequently rectified the technical error, verifying that no actual funds were credited or blocked and fully unlocking his money.

Key points

  • A technical glitch caused a massive false lien notification on a customer account without…: A technical glitch caused a massive false lien notification on a customer account without moving any real money.
  • Local cyber police initiated a formal investigation after receiving reports regarding the…: Local cyber police initiated a formal investigation after receiving reports regarding the blocked bank account balance.
  • Kotak Bank successfully cleared the erroneous hold and fully restored the customer access…: Kotak Bank successfully cleared the erroneous hold and fully restored the customer access to his savings deposit.

Sources checked by our analysis pipeline: 1

Sameer Khan, who earns a monthly salary of Rs 10,000 working at a medical store, approached the cyber police after discovering the block. The incident was eventually traced to a technical glitch. Police confirmed that no such amount had actually been credited to or blocked in his account, and the hold on his Rs 55,000 was subsequently lifted, PTI reports. Additional details about Khan's age, salary and the incident were reported by Bhaskar English.

Man discovers Rs 1 lakh crore lien while trying to recharge phone

According to Bhaskar English, Khan works at Nirmal Medical Point, a medical store near Salasar bus stand in Sikar. He had been working there for around 10 months and earns ₹10,000 a month.On Wednesday, October 28, Khan opened his Kotak Bank application to make a payment because he needed to recharge his mobile phone.

After entering his PIN, he checked his account balance and found that it showed zero. When he examined the details further, he discovered that a lien of ₹1 lakh crore had been placed on his account.

The figure was particularly…

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