Police are examining complaints that fixed deposits belonging to customers at PNB’s Aicher village branch were broken without consent, with investigators probing possible employee involvement and the movement of funds.
A major alleged fraud at Punjab National Bank’s branch in Aicher village, Greater Noida, has shaken depositors after customers said fixed deposits worth about ₹35 crore were broken without their consent and the proceeds moved into other accounts. According to TV9 Hindi and Navbharat Times, the complaint has triggered anger among account holders, who say they placed money in fixed deposits for future security and now want their savings restored in full.
The episode has revived concern about controls over deposit accounts in the Noida-Greater Noida banking system, where similar fixed-deposit frauds have surfaced before. In one earlier case reported by The Times of India and the Indian Express, the Noida Authority alleged that ₹3.80 crore was siphoned from its fixed-deposit account, prompting an FIR and arrests of bank staff and others. That case showed how forged papers, unauthorised withdrawals and internal collusion can combine to move large sums before the loss is detected.
In the PNB matter, police in Greater Noida have begun examining the complaints, and Additional Deputy Commissioner of Police Santosh Kumar said initial checks point to possible involvement of some bank employees, according to TV9 Hindi. The bank has not publicly addressed the allegations so far, and investigators are still trying to determine how the deposits were broken, where the money went and whether the amount involved is even larger than the current estimate. The case also adds to a broader pattern of banking frauds at PNB and elsewhere, reinforcing long-running concerns about oversight, authentication and the protection of ordinary depositors.
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