Big Fraud in Axis Bank: Illegal Transactions by Staff in Customer’s Account, Police Complaint Filed
Sirsa: A major fraud case has been reported at Axis Bank’s Ellenabad branch, where a bank employee allegedly conducted illegal transactions worth ₹80 lakh from a customer’s account. Account holder, Shravan Kumar, has filed a police complaint against the branch manager and the bank employee.
Shravan Kumar, a resident of Dholpalia village, reported that Narendra Kumar, an employee at Axis Bank’s Ellenabad branch, visited his house on September 3, 2024. Narendra requested Shravan to open an account in the bank and asked Shravan to provide his Aadhaar card. He said that opening the account would help him meet his monthly target. Trusting Narendra, Shravan handed over his Aadhaar card to him.
However, in the following days, Shravan did not receive any account-related documents or bank account kit. When he asked Narendra about it, he was assured that the kit would be delivered soon.
On March 13, 2025, Shravan visited Axis Bank’s Ellenabad branch to inquire about his account. To his shock, he discovered that illegal transactions had been carried out in his name. When he requested transaction details, the bank employees refused to provide them. He was informed that only the branch manager could share the details, and he was unavailable due to the Holi holiday.
When Shravan asked Narendra about the illegal transactions in his bank account, Narendra admitted to Shravan that the account was linked to a different mobile number through net banking. He promised to close the account after the Holi holiday.
On March 15, 2025, Shravan again visited the bank, but the details he received were incomplete. Upon further investigation, he discovered that ₹80 lakh had been deposited in his account. He got shocked and asked Narendra – who had deposited such a huge amount and where the money had gone.
Instead of answering, Narendra dismissed his concerns, saying,
“What do you have to do with the money? I will close the account.”
He even arrogantly added,
“We have committed fraud, but you cannot do anything to us.”
Realizing he had been deceived, Shravan immediately went to the Ellenabad police station and lodged a formal complaint. Following Shravan’s complaint, the police registered a case against the bank employee Narendra Kumar, the branch manager, and other involved staff under various criminal sections.
Investigating officer Surendra Kumar confirmed the case, stating:
“The accused are involved in fraudulent activities, and a thorough investigation has begun. All those responsible will be questioned, and strict action will be taken soon.”
The case highlights serious concerns about banking security and raises questions about internal fraud within financial institutions. Authorities are expected to take strict action against those found guilty.
