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By IANS - PATNA
04th July 2012 12:57 PM
A public sector bank in the Bihar capital has kept active for nearly 50 years a savings account of India's first president Rajendra Prasad, an official said Wednesday.
Prasad opened his account in Punjab National Bank's Exhibition Road branch Oct 24, 1962, a few months before
he passed away, said the official.
"The bank has given Rajendra Prasad's savings account prime customer status. It is a matter of pride for us," the bank's chief manager S.L. Gupta told IANS.
The balance including interest in account stood at Rs.1,813, Gupta said, adding that till date, no one had come forward to withdraw the money. "Every six months, an interest is deposited into the account," he said.
The branch has also put on public display of Prasad's account number -- 0380000100030687 -- below his photograph.Prasad
was born Dec 3, 1884, in Zeradei in Bihar's Siwan district and died Feb
28, 1963, in Patna. He was India's first president from 1952 to 1962.
Copyright © 2012 The New Indian Express. All rights reserved.
Comments(3)
the banker's duty of confidentiality to the customer ( S.L.Gupta did u take clearance from your legal dept in Head office before sharing the account detals with the media or u may receive a show cause notice for this breach) It is an implied term of the contract between customers and their banks and building societies that these firms will keep their customers’ information confidential. This confidentiality is not just confined to account transactions – it extends to all the information that the bank has about the customer. But from time to time, mistakes happen and – for whatever reason – banks end up releasing information that they should have kept secret. Sometimes, the resulting breach of confidentiality is little more than technical (in other words, nothing really flows from it), but occasionally it can have major consequences.
Posted by a.v.moorthi - besides TIHAR at 07/04/2012 13:54 Reply to this Report abuse
It is heartening to note that the bank is still crediting interest earned over the years. Nowadays some well known banks charge for unauthorized services (which is offered free initially) like a SMS alert and issue "free" Debit cards and later charge an amount for its use even when the client has declined the offer of Debit Card. They themselves put the account initially in a special category called "Platina" and when balance came down orally told me that it is changed to Orange and later charged me "penalty" for not maintaining minimum balance of Rs 1 lac. So the balance in my S/B a/c in a reputed bank has been dwindling day by day instead of growing, even though very little. Let me see what happens in response to my protest letter.
Posted by Dr M Mohan Rao, Mysore/Chennai at 07/04/2012 18:01 Reply to this Report abuse
It is heartening to note that the bank is still crediting interest earned over the years. Nowadays some well known banks charge for unauthorized services (which is offered free initially) like a SMS alert and issue "free" Debit cards and later charge an amount for its use even when the client has declined the offer of Debit Card. They themselves put the account initially in a special category called "Platina" and when balance came down orally told me that it is changed to Orange and later charged me "penalty" for not maintaining minimum balance of Rs 1 lac. So the balance in my S/B a/c in a reputed bank has been dwindling day by day instead of growing, even though very little. Let me see what happens in response to my protest letter.
Posted by Dr M Mohan Rao, Mysore/Chennai at 07/04/2012 18:02 Reply to this Report abuse