Agra Man Gets Shock Of His Life After ATM Tells Him That He Owes Rs 100 Crore To The Bank

Mechanical engineer Sandeep Tiwari got the shock of his life when he checked his bank account balance to discover that a sum of Rs 99,99,91,723.36 had been 'debited' from his State Bank of India (SBI) account.

ANI

A salaried employee at a Rudrapur-based factory, Tiwari earns close to Rs 25,000 a month and had just a few hundred in his bank account.

"On Tuesday evening, when I went to withdraw cash at an ATM, the machine rejected my request and flashed a message of insufficient balance, which was surprise to me, as I knew I was still left with some cash in my account. Later, when I checked the account balance, it showed that I owed a whopping Rs 100 crore to the bank."

"I didn't know what to do. I had opened this account in 2013 when I was pursuing mechanical engineering from college in Bichpuri. Later, I had got my bank account transferred to another branch, which is close to my home. The bank owes me an explanation for such a terrible mistake, which has prevented me from accessing my hard earned money," he said.

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A banking official later explained that this is a technical way of blocking his account as he had not updated his KYC details.

Public relations officer of SBI Agra, said, "No money has been debited from the customer's (Sandeep Tiwari) saving account. His money is safe. The system has blocked the banking services, as even after several reminders, the customer had not updated his 'know your customer' (KYC) details."

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He said, "Banking services can be blocked, if the savings account of customer goes in minus. The automatic banking system has erroneously debited close to Rs 100 crore and it will be rectified, once the customer updates his KYC details."