India, Feb. 14 -- An elderly couple from Chinchpokli lost Rs.7 lakh while attempting to recover an amount of Rs.3,325, which they had transferred through an online transaction to a wrong account by mistakenly giving a wrong ISFC code.

The police said the couple found out the bank with the ISFC code they had given and obtained its contact number through internet search. They contacted the number and as instructed by the person who took the call, followed certain steps on BHIM app and ended up losing Rs.7 lakh.

The police said the senior citizens are retirees who had worked in banks. The incident occurred on January 23 when the wife of the 74-year-old complainant was trying to pay Rs.3,325 to their cable operator through an online transac...