By Asmita - Aug 06, 2025
Youth from Greater Noida, India, discovers astronomically high sum credited to deceased mother's account, sparking global intrigue. Bank refutes legitimacy of over Rs 1.13 lakh crore, freezes account amid investigation by Income Tax Department into potential banking error or money laundering attempt. Incident sheds light on banking system vulnerabilities and prompts international scrutiny of digital finance safeguards.
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In a startling incident that has captured worldwide attention, a youth from Greater Noida, India, reportedly saw an astronomically high amount credited to the account of his late mother. The 19-year-old, identified as Deepak, discovered on August 3, 2025, that more than Rs 1.13 lakh crore had appeared as a credit in his deceased mother Gayatri Devi's Kotak Mahindra Bank account. The sum displayed stretched to a surreal figure with 36-37 digits, sparking confusion and disbelief across social media and news platforms globally. The deceased woman had passed away two months prior, and her son had been managing the account.
Though the extraordinary balance was visible on Deepak’s mobile banking app, the bank quickly refuted claims that this was a legitimate credit. Kotak Mahindra Bank issued formal statements clarifying that their systems were functioning normally and urged customers to verify account balances directly via official apps or internet banking. The bank also stated that the reported sum was not a real balance but likely the result of an error or irregular activity. To prevent misuse, the bank froze the account immediately and referred the matter for further investigation, especially in light of its suspicious nature.
The Income Tax Department of India has launched an inquiry to determine how such an enormous sum could manifest in a dead woman’s account. Authorities are investigating whether the incident was due to a banking error, a technical glitch, or possibly an attempt at money laundering. Initial police investigations found that the balance was probably caused by a glitch in the mobile banking application rather than a real transaction, though the exact origins remain unclear. The unexpected publicity has caused a stir in financial and regulatory circles as experts emphasize the need for robust safeguards against such anomalies in banking technology.
This extraordinary event has sparked broad international coverage as it highlights potential vulnerabilities in modern digital banking systems, especially in fast-growing economies like India. The case is also a reflection of the increasing reliance on mobile banking and digital finance, where glitches or errors can trigger massive misinformation or panic. Worldwide financial regulators will be watching closely as the investigation unfolds to understand the root cause and measures needed to prevent future occurrences. Meanwhile, the young man’s life has been turned upside down by sudden media attention and official scrutiny, emphasizing the human side of digital banking disruptions.