Rowdy is 40 years old in collapse to death in the bank in Block 8 Koramangala on Monday.
Victims, identified as Babi, are slums in Rajendranagar.
He has gone to Union Bank with his wife and daughter.
According to the police, about eight men armed with deadly weapons fell to the bank and repeatedly stabbed Babi until he died.
Police suspect motifs are personal competition and that some other noisy has employed a contract killer.
His wife and daughter were said to have witnessed the killing.
Staff inside the bank and customer panic at that view but no one dared to disturb the gang when they killed Babi.
Bank officials told the police who rushed to the place and examined the crime scene.
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Koramangala police have registered a murder case and traced the attackers based on CCTV camera footage.
The police stated that even though Babi was a history of Sheeter at the Adugodi Police Station, the note was net since 2011.
Even though Babi considers himself a reformed man, another Rowdies kept a grudge against him, the police added.