Premium
This is an archive article published on December 20, 2016

Yogendra Yadav’s very sensible ‘explanation’ to the bank for delay in depositing money has gone viral

Yogendra Yadav's handwriting also caught the attention of many.

Yogedra Yadav's letter to the bank is on point Yogedra Yadav’s letter to the bank is on point

Recently, the Reserve Bank of Indian and finance ministry issued a new circular stating that people can deposit amount above Rs 5,000 only once and even that should come along with an explanation stating the reason as to why the account holder took so long to deposit the money.

Swaraj Abhiyan party founder and former AAP member Yogendra Yadav visited his bank today to deposit a ‘small amount’, which must be more than Rs 5,000, and the explanation he gave is being lauded by many on social media. Coming straight to the point, Yadav, in a handwritten letter, wrote that he didn’t visit the bank before because he wanted to avoid queues and that Prime Minister Narendra Modi himself asked people time and again to not rush because there’s enough time till December 30.

“I have made no cash deposit in my account since 8 november 2016. I see no reason to offer any special explanation for the same [for making the deposit now]. I normally like and wait for the queues to end. I was assured by the Prime Minister,the Finance Minister and the RBI that there was no need to rush to the banks and that I had till 30 December for making any deposit. I believed them,” he wrote.

Story continues below this ad

He uploaded the letter on Facebook and Twitter, which immediately went viral. Not only are people praising the content of the letter but also his handwriting, which indeed is beautiful! “Absolutely right !!!! This Govt has made people mad. First – No hurry deposit whenever you like upto 30th December and now show reasons !! What an utter non-sense,” commented someone on the post.

However, there were some who questioned the authenticity of the letter and also whether his account is not linked with his Aadhaar card. “Rs 5000 limit is for non-KYC bank account. Do you have bank accounts which haven’t been linked with Aadhar card?” wrote another.

Read his letter here.

Have something to add to the story? Tell us in the comments below.

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement