Ref. No. 2098/44-2147
In the name of Allah the most Gracious the most Merciful
The answer to your question is as follows:
Zakat is obligatory each year on the total amount you possess (whether in cash or in the bank). On the day of completion of lunar year from the date of last Nisab, Zakat will be required on this total amount. Therefore, next year it will be obligatory to pay zakat of all eleven lakhs.
And Allah knows best
Darul Ifta
Darul Uloom Waqf Deoband