SBI Alert – Account holders of State Bank of India (SBI) or any other bank, you must know this fact about the QR codes. Never scan a QR Code if somebody is luring you with a promise of sending money into your accounts by scanning a code they sent. India’s largest public sector bank, SBI has also recently warned its customers to not fall prey to any such offers where somebody is offering you money by asking you to scan QR Code.  

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You can lose all the money present in your account if you do so.  

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SBI asks users to not scan any QR code to avoid getting frauded. The bank says that you don’t receive money by scanning a QR code. Unless your purpose is to pay money, never scan a QR code.  

Know in what all ways fraudsters may try to cheat you: 

In the times of Coronavirus pandemic, when people are looking for essential medicines and other health-related services, fraudsters are luring people by promising life-saving medicines and other things. They are asking people to transfer money in lieu of these medicines and products. SBI has said that it has come to its notice that these things are happening. 
It has also come into the notice of SBI that certain unknow persons are attempting to defraud the general public by offering loans from non-existing entities in the name of SBI Loan Finance Ltd. or any such entities and the persons offering loans are not authorized to do so. SBI has advised its customers not to remit any processing or registration fee to the said entity. It is not associated with SBI Loan Finance Ltd. 

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What not to do 

  1. Do not share your confidential details like your date of birth, debit or credit card details, internet user id and password. 
  2. Beware of persons calling in disguise of officials from SBI, RBI, government office or KYC authority. 
  3.   Avoid clicking attachments in emails from unknown source. 
  4. Avoid downloading apps from unknown sources.