Kotak Mahindra Bank denies reports of Noida man receiving over ₹1 trillion in account

Kotak Mahindra Bank has denied viral news reports suggesting that a customer received ₹1 septillion trillion in his late mother’s bank account.

Updated on: Aug 6, 2025, 08:51:31 IST

By Sanya Jain

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Kotak Mahindra Bank has denied viral news reports suggesting that a customer received ₹1 septillion trillion in his late mother’s bank account. The staggering sum exceeds the GDP of entire nations combined and would have made Deepak, the supposed recipient, richer than Mukesh Ambani, Elon Musk and Jeff Bezos put together – had the news been true.

Kotak Mahindra says no 'unusually large' amount was credited to any account. (Unsplash)

What media outlets reported

Some media outlets carried news articles this morning suggesting that Deepak, a resident of Greater Noida, received an astronomical credit of ₹10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 in his late mother’s Kotak Mahindra bank account.

Written down in words, the sum would amount to ₹1 undecillion or ₹1 septillion trillion.

The reports suggested that his mother, Gayatri Devi, had died two months ago. After seeing the credit message on Sunday night (August 3), Deepak apparently reacted in disbelief and reached out to his friends, asking them to count the number of zeros.

Some media houses reported that Deepak visited the bank on Monday and bank officials confirmed the transaction. They then froze his account and reported the matter to the Income Tax Department for investigation.

A screenshot showing supposed credit amount has also been going viral on social media.

Kotak Mahindra Bank denies reports

Kotak Mahindra Bank denied the incident in a statement to HT.com, saying reports of an “unusually large” balance are incorrect.

“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 said in a statement to HT.com.

ABOUT THE AUTHOR
Sanya Jain
Sanya Jain is an Assistant Editor with Hindustan Times Digital. She has nearly a decade of experience in covering offbeat stories that speak to the everyday experience - from viral videos to human interest copies that spark conversation. Her interests stretch across business, pop culture, social media trends, entertainment and global affairs. Before joining Hindustan Times, Sanya spent two years with Moneycontrol and five years with NDTV. She holds an undergraduate degree in English literature from St Stephen’s College, Delhi, and a master’s in journalism from the Xavier Institute of Communications, Mumbai. Sanya has a sharp eye for spotting emerging trends and looking for newsworthy angles to elevate viral posts into meaningful narratives. She was the first one, for example, to cover Narayana Murthy’s remark on 70-hour work weeks that sparked a national conversation. She is equally at ease writing about business leaders as about the common man, about issues of national importance and memes that amuse social media. Sanya enjoys speaking with content creators, newsmakers and entrepreneurs to transform everyday moments into engaging, slice-of-life stories that resonate with readers. When she is not working, Sanya can be found curled up with a good book. Born and raised in Lucknow, she has spent the last several years in Delhi. She is deeply interested in animal welfare and now spends a lot of her time running after her destructive orange cat.Read More

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