Fraudsters send attractive offers through letters, e-mails, calls, SMS messages asking you to deposit money to participate in schemes that "sound too good to be true". Later, they withdraw the money and stop further communication.
Here is a list of the most common frauds:
- Contests and lotteries that you had not registered for, asking you to make a payment for receiving your prize
- Emails appearing to have been sent from large corporations, public institutions and regulatory bodies
- Phone calls or SMSes offering jobs that you had not applied for; intimations of gifts or inheritances supposed to originate from a foreign country, asking you for personal information
- High-yield investment plans and multi-level marketing schemes offering unealistic returns on investment; please checks the credentials of the person offering these
Learn more about safe banking tips through interesting videos.
An application to enhance the security of your online account with OTP.
Read the RBI advisory against Phishing emails sent in its name.
Customer Education Series
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