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10 January 2021

Alert: SBI warns customers against instant loan app fraud, account could be emptied in 5 minutes

Alert: SBI warns customers against instant loan app fraud, account could be emptied in 5 minutes



SBI has alerted the people through social media

The bank said that before taking a loan online, check the terms and conditions of the offer

State Bank of India (SBI) has asked people to be alert against fake instant loan applications. The SBI warned people through social media not to click on fake links. This could be a bank fraud and your account could be emptied. According to the bank, many fake messages are asking for loans through fake apps without any paperwork in 5 minutes.


What did the bank say on social media?

The SBI has said, "Beware of fake instant loan apps." Please do not click on the unofficial link. "Don't share your information on a link that looks like SBI or any other bank," the bank said.


The bank asked you to follow these safety tips


Check the terms and conditions of the offer before taking a loan.

Avoid clicking suspicious links.

Check the authority of the application before downloading.

The bank said go to https://bank.sbi for all your financial needs.


Do not share this information

SBI had earlier asked its customers not to share their page details, INB credentials, mobile number, UPI PIN, ATM card number, ATM PIN and UPI VPA with anyone.

ગુજરાતીમાં વાંચવા માટે અહીં ક્લિક કરો.

The bank has been alerting the customers from time to time

From time to time the bank has been alerting its customers about online fraud through social media. A few days ago the bank told people to beware of WhatsApp calls or messages.

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