Kotak Mahindra denies claims of septillion-trillion rupees credited to Noida man's deceased mother's account

Deepak, a resident of Greater Noida, claimed to have received Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299.

Kotak Mahindra Bank has formally rejected a series of viral media reports alleging that an Indian customer discovered an astronomically high amount of money had been credited to his late mother’s bank account. The figure circulating on social media, reportedly exceeding Rs 1 undecillion—or Rs 1 septillion trillion—would have eclipsed the collective net worth of some of the world’s richest individuals.

According to reports that surfaced on August 5, Deepak, a resident of Greater Noida, claimed to have received a bank notification late on Sunday night showing an unimaginable sum—Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299—credited to the Kotak Mahindra Bankaccount previously held by his mother, Gayatri Devi, who had passed away two months earlier.

In written terms, the amount would read as more than Rs 1 undecillion—a figure far exceeding the GDP of all global economies combined.

Deepak was said to have been so stunned by the purported transaction that he forwarded a screenshot of the message to friends, asking them to help count the number of zeroes. The image quickly spread across social media platforms, sparking widespread curiosity and disbelief.

Several media outlets further reported that Deepak visited his local bank branch the following day to verify the credit. According to those accounts, the bank allegedly acknowledged the transaction, froze the account, and alerted the Income Tax Department for further investigation.

However, Kotak Mahindra Bank has now categorically dismissed the story, calling the reports inaccurate and without basis. In a statement issued to HT.com, the bank stated:

“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 did not offer any explanation for how the rumour may have originated or whether any fraudulent activity had occurred in relation to the account. It also did not confirm whether any customer by the name of Deepak exists in connection with the reported case.

Despite the sensational nature of the reports, there appears to be no official confirmation that any such sum ever existed in the account or was visible on the banking app or statement. Kotak Mahindra Bank has reiterated that its operations remain secure and that the viral reports should not be taken at face value.