Originally owned by Deepak's late mother, Gayatri Devi, who died two months ago, the account in question was with Kotak Mahindra Bank. (Photo: Social Media)
According to some media reports, a 20-year-old man from Noida had an unfathomable amount credited in his savings account in an odd and confusing series of events that defies logic, reason, and even banking procedures.
The balance reflected a mind-boggling 37-digit figure, ₹10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 — a number so colossal that it falls into the realm of undecillions, a figure never before associated with personal bank accounts in India.
Originally owned by Deepak's late mother, Gayatri Devi, who died two months ago, the account in question was with Kotak Mahindra Bank. Since her passing, Deepak has been managing the account. On the evening of August 3, he was notified that ₹1.13 lakh crore (₹1,13,56,000 crore) had been credited. He joked that his arithmetic skills were too poor to count the zeros as he shared the screenshot with friends and family, feeling bewildered and overwhelmed.
“My math is a bit weak. The rest of you can do the multiplication and division. Currently, the Income Tax Department is investigating. The bank account has been frozen,” tweeted journalist Sachin Gupta, who broke the news.
Deepak went to the bank the following morning to confirm the unbelievable sum. Although Kotak Mahindra Bank staff verified the number, they quickly closed the account because they were worried about a possible fraud or mistake. After the incident was reported to the Income Tax Department, an inquiry was started to ascertain if the transaction was the result of a technical malfunction, a mistake made by a human entering data, or possible money laundering.
People started making assumptions about what might have led to the unusual purchase. A banking software glitch was proposed by some, while others made the amusing assertion that Deepak was now richer than Mukesh Ambani. A banking software glitch was assumed by some, while others made the amusing assertion that Deepak was now richer than Mukesh Ambani.
Kotak Mahindra Bank released a formal statement refuting any irregularities or system malfunctions, following public discussion and media coverage. “Media reports suggesting an unusually large balance in a customer’s account are incorrect. In light of these reports, we encourage customers to check their account details using Kotak’s mobile banking app or net banking platforms.
Kotak Mahindra Bank confirms that our systems are functioning normally, with all services secure and fully operational,” the bank stated.
Deepak has reportedly been bombarded with calls from relatives, neighbors, and media houses since the news broke. Struggling to cope with the sudden fame, he turned off his phone to avoid the chaos.
Experts say only a detailed probe will uncover whether the transaction was a one-off glitch or something far more serious involving digital vulnerabilities or backend banking errors.
For now, the 20-year-old Noida resident remains at the center of an unintentional financial mystery that has stunned both authorities and citizens alike.
