SBI Customers Alert! Using UPI, Debit Card, Mobile Banking? Follow These Steps to Avoid Frauds

SBI Digital Transaction: The State Bank of India, or SBI, on Monday shared a list of guidelines with its users while doing digital transactions. – Try using unique and complex passwords – Remember to change passwords frequently – Never disclose, store or write down your user ID, passwords or PIN – Remember, Bank never asks for your user ID/passwords/Card No/PIN/Passwords/CVV/OTP – Disable ‘Auto Save’ or ‘Remember’ function in your device to avoid storing of user ID and passwords. Some of the suggestions are given below: – Always look for “https” in the address bar of bank’s website – Avoid performing online banking transactions at public places using open Wi-Fi networks – Always logout and close the browser when you are done with your work. Check them below: – Try keeping your Mobile PIN and UPI PIN different and random – Do not respond to any unknown UPI requests – Always report those suspicious requests – Always remember that a PIN is needed only for transferring amounts, not for receiving – Instantly disable UPI service on your account if any transaction has happened without you doing it Debit/Credit Card Security: Debit and credit card frauds are very common in India. – Beware of your surroundings while performing ATM transactions through ATM machines or POS devices – Cover the keypad while entering the PIN – Always verify the authenticity of e-commerce websites before performing the transactions – Manage your debit card transactions through online Banking – Set a limit for card transactions at e-commerce platforms, POS and ATM both for domestic and international transactions Mobile Banking Security: Hackers can also access your internet or mobile banking information if these steps are not followed, as per SBI – Strong passwords/ Biometric permission should be enabled on your phones/laptops/tablets – Do not share your Mobile PIN with anyone – Try using biometric authentication wherever feasible – Do not download any unknown app suggested by strangers – Applications should be downloaded only through official stores – Regularly monitor the permissions of critical apps installed in your mobile and keep a track of unnecessary and unused apps – Avoid connecting phones to public wireless networks Social Media Security: Social media frauds are one of the most common types of banking frauds.