RBI KYC Updation Alert: The Reserve Bank has warned customers that if someone asks you for confidential and personal information like bank account information, login ID, card details, PIN, OTP (PIN / OTP) then Get alerted immediately.
New Delhi: RBI KYC Updation Alert: The Reserve Bank of India (RBI) keeps on repeatedly alerting the customers of the bank about online fraud. RBI has warned bank customers about frauds taking place in the name of KYC updation. RBI has asked bank customers not to share their personal and confidential information with anyone at any cost, if this is done then you may get the bank account empty.
Fraud in the name of KYC updation
In fact, the Reserve Bank has told that for the past several days, complaints of fraud in the name of KYC updation have increased very rapidly. For this, hackers first ask customers to update KYC through phone calls, SMS or e-mails. They ask customers to give their bank accounts and personal information, customers who fall into their trap, make money disappear from their accounts.
RBI alert
The Reserve Bank has warned customers that – If someone asks you for confidential and personal information like bank account information, login ID, card details, PIN, OTP (PIN / OTP), then get alerted immediately. If you share this information with them then you may suffer a big loss. At present, fraudulent banks are also targeting customers by sending links to Unauthorized and Unverified Apps for KYC updation. Customers should never install such apps
Circular comes from KYC updation
According to the Reserve Bank, if any regulatory body has to do KYC updation, then it is done on a large scale simultaneously. Also, the circular is issued before starting the process. Recently such a circular was issued on 10 May 2021. At the same time, it has been clarified in the circular issued on 5 May 2021 that during the process of KYC updation, the bank accounts of the customers will be active till 31 December 2021. Apart from this, only the regulator, enforcement agencies or the court can order KYC updation at any time.
What should a customer do to avoid fraud?
Your bank account can be frozen, blocked or closed by the use of Unauthorized Apps by the Reserve Bank. As soon as customers share their personal information with hackers, they get complete access to your bank account. If you get any such call or SMS, then you should follow the procedure set by RBI. The Reserve Bank says that in case of any such communication, the customer should immediately contact the bank or its branch.
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