Protect Against Financial Fraud or Unauthorized Activity

It is your own responsibility to keep your hard-earned money safe and protect you from any kind of payment fraud.

However, fraudsters can ask you to do something that can deduct money from your account. Therefore, it becomes more important for you to know what should and should not be done in any such situation.

What are the things that should always be kept in mind?

1. UPI PIN is required only to send money and view balance in the account. 2. It is not needed to get money. If someone asks you to enter your PIN, it means you’re allowing payments from your account. For example, payment from your bank account.
2. If someone fraudulently asks you to do financial transactions, never do so, whether it is recharge or bill payment.
3. Never do this under the pressure of someone talking on the phone.
4. Never share your sensitive personal information on any social networking site.
5. Never transfer money without verifying someone’s identity.
6. When making payments, never use screen sharing apps.

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