The deceased has been identified as 62-year-old Badarsinh Solanki, a resident of nearby Chandrej village.
He came to Tenpur village in Bayad taluka to withdraw money from the bank, sub-inspector of Ambaliyara police station R H Solanki said.
"Locals told us that Solanki was a pensioner as he retired as a peon few years back. When he was waiting for his turn in queue outside bank, he suddenly fell unconscious. He was rushed to a nearby hospital where he was declared as brought dead. Doctors informed us that he suffered heart attack," said Solanki.
Meanwhile, Jamnagar city police have arrested a scrap dealer who was in possession of new as well as scrapped currency having a total face-value of Rs 4.16 lakhs.
The accused, identified as Suresh Kankhara (24) was arrested by Hanumangate police today, following seisure of 205 new notes of Rs 2000, two new notes of Rs 500 and 10 scrapped notes of Rs 500 from him during patrolling near Panchvati society.