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Home Personal Finance Fixed Deposit Fraud: Keep these things in mind before taking FD, otherwise...

Fixed Deposit Fraud: Keep these things in mind before taking FD, otherwise you can be a victim of cheating

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We often consider FD as a good option to invest money regarding future planning, but before taking FD, we must keep these things in mind. Ignoring these things can make us a victim of cheating. Let us know in the news below about the fraud going on regarding FD.



New Delhi , Bank Fixed Deposit Fraud: When we invest money in the bank, then it is very important to take care of some precautions. We are telling you how banking frauds happen.

Cyber ​​criminals are finding new ways day by day. They are now taking the help of Fixed Deposit (FD) to steal personal and banking information. By taking the mobile number of the customer making FD from anywhere, they make an excuse to update the information in the FD account and take important information related to the account.

Once they have their bank account details, it becomes easy for them to withdraw money from your account. FD can be taken from the websites of all banks and non-banking financial companies.


If you want to avoid fraud, then never share your login information related to the bank. Also, keep an eye on the transactions happening in your account from time to time.

You will always have to fill the correct information in the form while opening it. If you have given wrong mobile number or e-mail ID, then you will not get the messages sent by the bank.

You should never give any kind of bank related information to any unknown person. If a person calls as a representative of the bank, then first check that he is the representative of the bank. Bank representatives never take necessary information related to your account.

Always book the FD from the bank’s portal only. You have to avoid doing this work from any other website. Do not give blank checks for FD booking.

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