SBI has written on its Twitter handle, ‘Beware of fraudulent instant loan apps. Please do not click on any such link which is unauthorized nor do not enter any of your information on any such app which has been reported as SBI or other bank.
State Bank of India (SBI) has warned its customers who get caught in the loan scheme done through unauthorized digital platform. SBI has issued security tips on its Twitter handle asking customers to remain alert. SBI, in its tweet, has told customers ways to avoid such apps.
From time to time, SBI keeps telling about many other important things besides the schemes of the bank on its Twitter handle. Customers are being awakened by SBI at a time when fraud attempts are increasing through many fraud calls.
SBI gave safety tips
SBI has written on its Twitter handle, ‘Beware of fraudulent instant loan apps. Please do not click on any such link which is unauthorized nor do not enter any of your information on any such app which has been reported as SBI or other bank. According to SBI, these are the links on which clicking on the user’s private data can be leaked.
A link has also been shared by the country’s largest bank, on which customers can get answers to all their financial needs. Along with this, some safety tips have also been shared by SBI.
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The safety tips shared by SBI are as follows:
Check the terms and conditions for the offer.
Avoid clicking any suspicious link. Check the reliability of any app before downloading it.
For all your financial needs click on this link- https://bank.sbi for all your financial needs
RBI also warned
Banks, non-banking financial companies registered with the Reserve Bank of India (RBI), can be offered a loan legally on their behalf. Apart from this, registered units with state governments can also offer loans. Last month, the RBI gave warning to individuals and small industries. SBI had said that in any way, avoid falling prey to unauthorized digital platforms.
According to RBI, the loan offered on these platforms has a higher interest rate, many types of charges are hidden, there are ways of recovery which are not acceptable and also the borrowers. By using data on mobile phones of individuals, agreements are misused.
RBI had said that customers must share copies of their KYC documents. On behalf of SBI, it has been said that from time to time it continues to warn its customers about the methods of forgery. Also, she keeps on alerting her customers through the official handle.
