Shocker! Taxi Driver Finds Rs 9,806 Crore in His Jan Dhan Account

Days before the currency ban, the sum was debited to Balwinder Singh’s account & the money was debited the next day.

Balwinder Singh’s account was credited with a little less than Rs 9,806 crore and the money was debited the next day. (Photo: Reuters)

In what may have been the most freakish incident for taxi driver Balwinder Singh, a sum of Rs 98,05,95,12,231 (almost Rs 9,806 crore) was credited to his Jan Dhan account one startling morning.

The amount of money and the mention of a Jan Dhan account may make it seem like something do with the demonetisation move, but the incident took place in Punjab on 4 November, four days before the currency ban announcement, Hindustan Times reported.

However, the excitement and the confusion ended the very next day when the money was debited from Singh's account with the State Bank of Patiala (SBoP) .

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

Balwinder Singh, Taxi Driver

He added that he had opened the account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) and his balance is usually around Rs 3,000.

The branch manager told the newspaper that an investigation by income tax officials is on.

However, lead bank manager Sandeep Garg provided a seemingly simple explanation for the incident and told HT:

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.

An official said there was no doubt that bank officials had acted irresponsibly in the chain of events that followed, and that they should have told Singh about the incident themselves, but instead they didn't even attend to him properly when he visited the branch.

(Source: Hindustan Times)