# Massive 35 Crore Fraud Rocks PNB Branch in Greater Noida, Customers Panic as Fixed Deposits and Savings Accounts Disappear > A major financial scam exceeding 35 crores has surfaced at a Punjab National Bank branch in Greater Noida, leaving depositors anxious as their savings and fixed deposits vanish. **Type:** article · **Category:** Crime · **Published:** 2026-11-08 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/crime/greater-noida-ke-pnb-bank-men-35-karora-ka-bara-ghotala-ephadi-aura-khaton-se-rakama-gayaba-hone-para-grahakon-men-haraknpa-57942 · **Language:** English **Tags:** PNB fraud, Greater Noida news, bank scam, Punjab National Bank, Pi-1 branch, missing fixed deposits A massive financial fraud exceeding 35 crore rupees has come to light at a Punjab National Bank branch located in the Pi-1 sector of Greater Noida, triggering widespread panic among account holders. As news of the alleged irregularities spread rapidly, scores of worried customers rushed to the bank branch to question officials about their life savings. Numerous depositors reported that their fixed deposits and account balances had mysteriously vanished, plunging them into severe financial distress. ## Bank Management Assures Investigation and Recovery Addressing the escalating situation, Punjab National Bank Chief Manager Rajesh Nigam urged customers to remain calm, assuring them that everyone's money is safe and that an internal audit is currently underway. He maintained that checking procedures are active within the bank and all depositors will eventually receive their funds. However, the branch manager declined to divulge specific details about the mechanics of the scam, asking for more time to handle the situation. He also clarified that the irregularities are confined solely to this particular branch and have not affected any other locations. ## Heartbroken Depositors Share Their Ordeal Distressed customers gathered outside the branch voiced their anger and despair over the breach of trust in a state-backed institution. A depositor named Amarpal revealed that he held three fixed deposits totaling 80 lakh rupees in the bank, only to discover that they had been mysteriously closed and siphoned off without his consent. He stated that a formal complaint was lodged at the local police station, yet no concrete action has been taken so far. According to him, bank officials are merely offering vague reassurances that the funds will reflect in their accounts within 10 to 15 days. He added that people invested in a public sector bank expecting absolute security, and appealed to both the state and central governments to intervene and transfer the lost money back into their accounts immediately. Another aggrieved customer, Brijesh Kumar, shared that his account balance of 1.18 crore rupees was reduced to absolute zero when he visited the branch to make a withdrawal. Although the manager assured him that the funds would be recovered before Diwali, the customer expressed deep skepticism regarding the promise. Similarly, a female depositor named Bina stated that she chose a government bank believing her savings would remain secure, never anticipating such a betrayal. Bank officials have instructed affected individuals to submit written applications to claim their refunds, though no definitive timeline has been provided. While bank management continues to reassure customers that their funds are protected and the situation will clear up once investigations conclude, depositors remain anxious as they await the return of their hard-earned money. ## What this means for you This banking scam directly impacts ordinary savers who placed their trust and hard-earned capital in a public sector institution for financial security. - **Across India:** Depositors across public sector banks nationwide may experience heightened anxiety regarding the security of their long-term savings. Such incidents underscore the urgent need for tighter internal audits and transparent oversight across banking operations. - **In Greater Noida:** Account holders linked to the Pi-1 branch face an immediate financial crisis as their fixed deposits and savings balances have dropped to zero. Customers are now forced to navigate police complaints and administrative hurdles just to reclaim their legitimate funds. ## Why this happened This financial irregularity points toward severe internal security lapses and operational vulnerabilities within the branch, though formal investigations are still ongoing. - **Internal Lapses:** Preliminary indications suggest that unauthorized closure of fixed deposits and asset drainage occurred from within the branch without the explicit knowledge or consent of account holders. - **Vulnerability of Trust:** Customers deposited their savings assuming absolute security in a government-backed institution, but inadequate administrative oversight enabled such large-scale misappropriation to go unnoticed until recently. ## Questions & Answers ### 1. Which bank branch in Greater Noida reported the fraud? The financial irregularity was reported at the Punjab National Bank branch located in the Pi-1 sector of Greater Noida. ### 2. What is the estimated total amount involved in this scam? Preliminary estimates suggest that the irregularities exceed 35 crore rupees. ### 3. What specific fraud did depositor Amarpal face at the bank? Amarpal discovered that his three fixed deposits totaling 80 lakh rupees were closed without his knowledge. ### 4. What condition was Brijesh Kumar's account found in? When Brijesh Kumar visited the branch to withdraw cash, he found his account balance of 1.18 crore rupees reduced to zero. ### 5. What assurance has the bank management provided regarding the funds? Bank Chief Manager Rajesh Nigam assured that checking is underway and every depositor will get their money back. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._