While normal cleaning of the house was going on, a person found a passbook of State Bank of India (SBI) which was more than 20 years old. This passbook belonged to his late grandfather. This story has now become a topic of discussion on the internet. Actually, a woman named Pooja shared this story on X and asked whether the money deposited in this account can still be returned?
According to this viral post, when the man found this 20-24 year old passbook, he showed it to his father. The father immediately recognized it and told that it was his late father's lost passbook. The family was assuming that this passbook was lost forever.
The user wrote, "A boy found a 20-24 year old SBI passbook while cleaning the house. And what he saw left his entire family shocked. When he showed the passbook to his father, he came to know that it belonged to his late grandfather."
The family claims that there is still a balance of more than Rs 1 lakh in this forgotten account. After this discovery, the family has gained hope that perhaps they can get this lost money back.
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Not sure about the legal process, Pooja took to social media. He asked whether the money can be claimed even after the death of the account holder. He asked, "Or is this money lost forever?"
He wrote, "If you know the banking process or something like this has happened to you, share your experience in the comments. Your advice may help a family get back their forgotten savings."
This post went viral in no time. It was viewed more than 114,000 times and users started giving advice based on banking rules and their personal experiences. One user commented, "Old passbook does not mean that the money is gone. It is necessary to inquire from the bank once."
Another user explained the entire process, "To claim the old SBI account, go to the SBI home branch. Submit the death certificate, ID proof, proof of legal heir/relationship and the bank's claim form. If there is no nominee, the bank may ask for succession certificate or other legal documents before releasing the money."
A third user wrote, "Old financial records should never be ignored. Even if the account has not been used for years, it is better to go to the bank and understand the official process before assuming that the money has been lost."
