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HomePersonal FinanceBank alerts to customers: Cyber frauds beware of fake calls and messages...

Bank alerts to customers: Cyber frauds beware of fake calls and messages otherwise you will be looted

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India Post Payments Bank Alert: India Post Payments Bank has issued an alert to its customers regarding cyber fraud. IPPB said, Fake call in the name of @IPPBOnline is a scam. Customers should not click on unknown links or share personal banking details with anyone. Stay safe and keep bank safe.


India Post Payments Bank Alert: An alert customer is a smart customer. India Post Payments Bank has issued an alert to its customers regarding cyber fraud. IPPB said, Fake call in the name of @IPPBOnline is a scam. It said, due to increase in fraudulent activities, fraudsters open fake accounts in the name of villagers, tribals and less educated people, on the pretext that the account holders will get monetary benefits under various government schemes, unknown to the bank account holders There is a need to be careful while sharing your personal details with individuals. These accounts are used for transacting illegal money in various cyber crimes without the knowledge of the real account holders.


Be alert be alert
India Post Payments Bank tweeted saying, some scammers / fraudsters make fake calls or fraudulent messages in the name of India Post Payments Bank asking for confidential details or money for getting jobs and Business Correspondent (BC) appointments. We urge the public to be vigilant and not fall prey to such scams. Customers should not click on unknown links or share personal banking details with anyone. Stay safe and keep bank safe.

IPPB advice

  • Customer should not use any third person’s mobile number for opening bank account.
    Customers are advised not to accept or send any money without verifying the genuineness of the transaction.
  • Customers are advised not to share control of their bank account such as their mobile banking details with unknown persons to conduct transactions on their behalf.
  • Customers are advised not to share their India Post Payments Bank account details with people luring them with job offers or easy money opportunities through social media.
  • Customers must verify the company and person before transacting or sending money.

India Post Payments Bank updates the customer identification data from time to time after account opening and also monitors their transactions to protect them from misuse by such fraudsters.

Explain that India Post Payments Bank (IPPB) has been established under the Department of Posts, Ministry of Communications with 100% investment owned by the Government of India. IPPB was launched by Prime Minister Narendra Modi on September 1, 2018. IPPB aims to remove barriers for the unbanked and underbanked and reach every nook and corner of the country by leveraging the postal network of 155,000 post offices (135,000 in rural areas) and 300,000 postal employees.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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