Laxman Rao (78), a retired government employee, came alone to the Marredpally branch to deposit Rs 1.5 lakh this morning and stood in the queue at the entrance of the bank, they said.
"He collapsed on the bank's entrance steps and the policemen on duty immediately shifted him to a nearby hospital where doctors declared him brought dead," Deputy Commissioner of Police (North Zone) B Sumathi told PTI.
"He died of heart-ailment... He had once suffered a heart attack and had been operated upon," the DCP said based on preliminary investigation.
Rao was a native of Anantapur district in Andhra Pradesh. Another police officer, who was on duty at the bank when the elderly man collapsed on the steps, said: "Though there were large number of people at the bank, separate queues were made for depositing and exchanging currency. He waited in the
queue for around 30 minutes."
"After seeing him collapse on the steps, I got him shifted in an auto-rickshaw and later in an ambulance to a hospital, but he died," the police officer said.
Recently, an easy process like withdrawing cash from ATM had claimed lives of two persons in a day after the demonetisation by the central government.
An old age man died while standing in a queue for withdrawing cash from an ATM in Madhya Pradesh's Sagar district. The person died due to a heart attack.
In another incident, a farmer died after suffering heart attack while standing in queue outside a bank to exchange notes in Gujarat's Anand, said Police.