At the age of 42 , how much savings is respectable in Bangalore. I have a relative who has a saving of 30L at 42yo.

"respectable" obviously depends on who you ask. But I'd say at 42 most software engineers in Bangalore have a paid off home and would have a net worth over a crore.

The people who voted 10CR+, voted just to skew the poll.

At 42 you should have a fully paid home, car and no other personal/credit card loan. That will be your real asset. Now real network without inheritance should be ideally 3-4cr.. So that you can ideally retire in the next 3 years

Is it savings per year or is it for lifetime

They relative is you

At age 40 , you should have 3X of savings of your current CTC.

Anything less than 50 cr is bankruptcy

Why are relatives sharing net worth with you ? Even if shared, why are you concerned?

Liquid or combine (Liquid + investment)

Your relative is definitely lying.