A man recently discovered a 20-24 year old State Bank of India passbook while cleaning his house, according to reports from Zee News. When he showed the passbook to his father, he learned that it belonged to his late grandfather. The family had believed the passbook was lost years ago, making the discovery particularly significant for them.
The family claims that the account holds more than ₹1 lakh, as reported by Zee News. The passbook features only a 4-digit account number, which indicates the account is very old and potentially dormant. This has raised concerns among the family about whether the money could be recovered or if it is lost forever.
The incident gained massive traction on social media after Pooja shared the details of the passbook on X, according to Zee News. The post has generated several responses from users offering guidance on how to recover the money. One user suggested that if the account is dormant for 10+ years and moved to RBI DEAF fund, the bank still processes claims with the old 4-digit account number and branch details.
Users on social media have provided various suggestions for recovering the funds, as reported by Zee News. One recommendation involves checking the account on RBI's UDGAM portal to see if it's listed as an unclaimed deposit. Another user suggested visiting the SBI branch with the passbook, death certificate, and legal heir documents, noting that old dormant accounts are usually claimable even if transferred to RBI's DEAF fund.
According to Zee News, one user advised that an old passbook doesn't necessarily mean the money is gone, emphasizing it's definitely worth checking with the bank. Users have suggested that SBI can trace many old accounts through its legacy records, even if the account isn't listed on RBI's UDGAM portal. The family is seeking guidance on banking procedures to retrieve their long forgotten savings.
