• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

No OTP sharing needed to defer EMIs: Do not fall for this cyber fraud

|

New Delhi, Apr 06: With several banks giving customers to opt for a moratorium on their EMIs, a new cyber fraud has come to light.

Customers get calls requesting for an OTP to postpone their EMIs. Once the OTP is shared, money is withdrawn from the bank account of the customer.

No OTP sharing needed to defer EMIs: Do not fall for this cyber fraud

In the wake of this cyber fraud, State Bank of India has issued a warning to its customers alerting them of the same. The bank said that customers are getting calls asking them to share their OTP in order to postpone their EMIs.

HDFC loan moratorium explained

EMI deferment does not require OTP sharing. Do not share your OTP, the SBI also said. The bank further said that the only way to beat cybercriminals is to be alert and aware. Please note that EMI deferment does not require OTP sharing. Do not share your OTP and for details on the EMI deferment scheme visit the bank's site, the SBI also said.

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more