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Shocking! Termites Eat Up Rs 2 Lakh Cash Kept In Bank Of Baroda Locker In Gujarat

The incident has raised questions about the safety and security of the Bank of Baroda branch. It has also proved that money is no longer secure in bank lockers.

Money is no longer safe even in a bank locker. A man hailing from Vadodara in Gujarat lost Rs 2.20 lakh cash after termites ate up the currency notes kept in his bank locker at the Bank of Baroda branch at Pratap Nagar in the city. ALSO READ | Bank of Baroda is now third largest lender as Dena, Vijaya merge with the state-run bank

According to the media reports, the man identified as Rehna Qutubddin Desarwal had reportedly kept the cash bundles in locker number 252 which were feasted by termites. The account holder came to know about this when he reached the bank to collect his money.

Shocked by the incident, Desarwal later raised a complaint with the bank manager and demanded his money back. He demanded that the bank refund the money which he lost due to the termites.

"In an unnatural incident at our Pratap nagar branch in Vadodara, a small portion of a customer’s cash was damaged due to termite infestation. Bank of Baroda would like to assure all our customers that we have taken immediate steps to rectify this situation. Disinfection of the branch premises is being conducted so as to ensure that this incident will not recur. We have also taken the customer’s complaint into cognizance and shall do the needful as soon as possible,” Bank of Baroda said in a statement clarifying the incident.

While the bank has asked him to give an application to replace the cash, the incident has raised questions about the safety and security of the Bank of Baroda branch. It has also proved that money is no longer secure in bank lockers.

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