Breaking
  • Gunman opens fire in a customer service center killing two people in Moscow
X
  1. You Are At:
  2. English News
  3. Business
  4. SBI Alert! Bank says ATM card holders will get refund for cloning fraud, shares safety mantra

SBI Alert! Bank says ATM card holders will get refund for cloning fraud, shares safety mantra

As a caution and safety measure for customers, SBI has also advised the account holders to change the ATM PIN at regular intervals, cover ATM/POS keypad while entering the PIN, memorize the security transaction number rather than writing it down on the card or anywhere else.

PTI PTI
New Delhi Updated on: May 12, 2020 14:53 IST
SBI Alert! Bank says ATM card holders will get refund for
Image Source : FILE

SBI Alert! Bank says ATM card holders will get refund for cloning fraud, shares safety mantra

State Bank of India (SBI) on Tuesday said instances of the use of cloned ATM cards have been reported from the national capital and refund will be processed for the affected customers.

All suspicious transactions should be reported to the home branch, the lender said. “Cases of using cloned #ATMCards have been reported in Delhi. There appears to be a possible compromise at an ATM of another bank. Affected SBI customers are being helped & refunds will be processed as per the procedure,” it said in a tweet.

As a caution and safety measure for customers, SBI has also advised the account holders to change the ATM PIN at regular intervals, cover ATM/POS keypad while entering the PIN, memorize the security transaction number rather than writing it down on the card or anywhere else.

SBI has also urged customers to avoid using birthdays and anniversary dates as PIN and to ensure that their mobile numbers linked to the account are updated so that they do not miss the transaction related SMS.

Among others, it has also asked customers not to share their PIN with anybody, not to allow anyone inside the ATM while taking out money as well as not to respond to any e-mail, SMS etc asking for their confidential data.

Latest Business News

Write a comment