A 49-year-old vegetable vendor died on Monday afternoon while standing in a queue outside a bank to deposit Rs 50,000 in demonetised 500 and 1,000 rupee notes, police said.
The incident occurred outside the Oriental Bank of Commerce branch in west Delhi's Najafgarh area where Satish Sharma collapsed around 2.30 p.m. while standing in the queue along with one of his friends.
Police said that Sharma, a resident of Keshav Puram in west Delhi, was standing in the queue since 11.30 a.m.
Deputy Commissioner of Police Surender Kumar told IANS that Sharma was rushed to Mata Chanan Devi hospital in a police vehicle but was declared dead by doctors there.
"The exact reason behind Sharma's death is yet to be ascertained. It seems that he suffered cardiac arrest while standing in the queue. The fact will come after his autopsy report," the officer said.
The officer said that Sharma telephoned one of his family members around 1.30 p.m. and informed that he would return within half-an-hour after depositing cash in the bank.
Police has recovered Rs 50,000 notes from his pocket.
Sharma's family members claimed that he was medically fit.