Rajendra Prasad's PNB bank account has Rs 1813 as balance

Patna, Jul 5: India's first president Rajendra Prasad's saving account in the PNB's Exhibition Road branch here may have become in-operational due to non-transaction of money over past 50 years, but the bank continues to credit half-yearly interest as usual.

Prasad had opened his saving account at our Exhibition road branch on October 24, 1962 with an amount of Rs 500 and since then the ledger balance has increased to Rs 1813 as the bank has routinely credited half-yearly interest even though the account has become in-operational, the Branch Manager S.L. Gupta told PTI.

"We are very proud to operate the saving bank account of as important dignitary as the first President of the country," he said.

"As part of our policy, the PNB has given prime location to Prasad's ledger details like account number - 0380000100030687, his photograph and signature at public display to woo prospective customers," Gupta said.

A customer with the stature of the first president, has certainly helped us to add more customers and in turn boost our business in Bihar and rest of the country, the PNB official said.

A veteran freedom fighter and a native of Bihar, Prasad had served as the first president of country for two terms between 1952 to 1962.

PTI