LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Personal Finance News

How to stop bank ATM frauds? SBI, PNB, ICICI, BoB, Axis, Canara, HDFC customers, don't do these

Often we see people asking for help from strangers at ATMs. Sometimes they even end up exposing their PIN, without even noticing. Trying to take help from strangers may, however, go horribly wrong as this woman experienced in Mumbai a few months ago. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
How to stop bank ATM frauds? SBI, PNB, ICICI, BoB, Axis, Canara, HDFC customers, don't do these
While doing financial transactions of any kind, it is always important to not mingle with strangers.Image: Pixabay
Written By: ZeeBiz WebTeam
Updated: Tue, Oct 16, 2018
07:33 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Money earning scheme: This SBI plan will give you more than Rs 81,000 interest Money earning scheme: This SBI plan will give you more than Rs 81,000 interest
SBI Special Senior Citizen Scheme: GREAT RELIEF! State Bank of India makes retirement merrier for pensioners; check details at sbi.co.in SBI Special Senior Citizen Scheme: GREAT RELIEF! State Bank of India makes retirement merrier for pensioners; check details at sbi.co.in
SBI RD Calculator: Your Rs 1000 monthly savings can become Rs 1.59 lakh; check interest rate, penalty, other details at sbi.co.in SBI RD Calculator: Your Rs 1000 monthly savings can become Rs 1.59 lakh; check interest rate, penalty, other details at sbi.co.in
SBI: Forget Fixed Deposit (FD), PPF, EPF, post office schemes! This State Bank of India plan has delivered more than 22% return in last 5-years SBI: Forget Fixed Deposit (FD), PPF, EPF, post office schemes! This State Bank of India plan has delivered more than 22% return in last 5-years
SBI Share Price Outlook: Anil Singhvi predicts 4-digit figure for State Bank of India stock in this period SBI Share Price Outlook: Anil Singhvi predicts 4-digit figure for State Bank of India stock in this period

By following a few simple steps, you can save yourself from falling prey to fraudsters at ATMs. Often we see people asking for help from strangers at ATMs. Sometimes they even end up exposing their PIN, without even noticing. Trying to take help from strangers may, however, go horribly wrong as this woman experienced in Mumbai a few months ago. 

In Santacruz area of Mumbai, a 26-year-old woman lost Rs 4.20 lakh after a man managed to exchange her card with his and also see her PIN. The man had offered to help the woman when she was facing some problem while withdrawing money from the ATM. The incident, which happened on June 14, was reported by Hindustan Times. The woman had first gone to her bank in Santacruz to deposit money, which she wanted to transfer to her sister's account. After making the deposit, she went to an ATM to withdraw money, but the teller machine couldn't access her account after she inserted the card properly.

Police had then said that a man standing nearby had told the woman that she was not inserting the card properly. He asked for her card and put it in the ATM slot. Then he asked her to enter the PIN. He noticed the PIN. However, she was not able to withdraw money. The man then asked her to try another ATM. The card, however, didn't work at the other ATM as well, while the man quietly fled from the first ATM. 

The woman then approached the bank, where she was advised to apply for a new one. On June 26, she learnt about the fraud. Police said the transaction messages on her phone was not read. To the shock of her life, the bank informed her that the card belonged to a woman from Gujarat and it was blocked. It was then she realised that the man, who offered help at ATM, had exchanged her card. 

In another incident in the Santacruz area, an elderly man was duped of Rs 18,000 by an imposter who took all details of the former's card on the pretext of unblocking it.

How to avoid such fraud

While doing financial transactions of any kind, it is always important to not mingle with strangers. For frauds, come in various faces. They may appear friendly, or eager to help, but we cannot ever know about their true intentions. 

Follow these five points: 

- Don't share credit/debit card with a stranger. Even if you do so, make sure the person doesn't get to exchange your card with another kind. Frauds have started using this new trick.

- Don't believe telecallers claiming they are from the bank and ask for your ATM/Credit card details. Banks never ask for these details. 

- While making a payment at a store or an eatery, don't hand over the card to another person. Always swipe the card yourself and ensure nobody sees your PIN. 

- Don't write the PIN on the ATM card folder. 

- Don't keep all your money in a single savings account. Always, try to open another account with a minimum balance of Rs 10000-20000. This will help when you fall prey to a fraudster as the latter would not be able to take all your money. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
State Bank of IndiaAxis BankICICI BankPunjab National BankCanara BankHDFC BankBank of Baroda
RELATED NEWS
Money earning scheme: This SBI plan will give you more than Rs 81,000 interest Money earning scheme: This SBI plan will give you more than Rs 81,000 interest
SBI Special Senior Citizen Scheme: GREAT RELIEF! State Bank of India makes retirement merrier for pensioners; check details at sbi.co.in SBI Special Senior Citizen Scheme: GREAT RELIEF! State Bank of India makes retirement merrier for pensioners; check details at sbi.co.in
SBI RD Calculator: Your Rs 1000 monthly savings can become Rs 1.59 lakh; check interest rate, penalty, other details at sbi.co.in SBI RD Calculator: Your Rs 1000 monthly savings can become Rs 1.59 lakh; check interest rate, penalty, other details at sbi.co.in
SBI: Forget Fixed Deposit (FD), PPF, EPF, post office schemes! This State Bank of India plan has delivered more than 22% return in last 5-years SBI: Forget Fixed Deposit (FD), PPF, EPF, post office schemes! This State Bank of India plan has delivered more than 22% return in last 5-years
SBI Share Price Outlook: Anil Singhvi predicts 4-digit figure for State Bank of India stock in this period SBI Share Price Outlook: Anil Singhvi predicts 4-digit figure for State Bank of India stock in this period

LATEST NEWS

Microsoft failed to shore up defenses that could have limited SolarWinds hack - U.S. senator

US president believes it's important to modernise immigration system: WH By Lalit K Jha

Tesla's Musk says U.S. factory closed for two days due to parts shortages

PNB Scam: Big win for India; serious setback for Nirav Modi as he loses extradition fight

7th Pay Commission: DA, TA, DR, salary hike—what central government employees and pensioners must know

Naandhi Box Office Collections Worldwide: Shouting success! Blockbuster justice! Allari Naresh says thanks to fans for so much love

Iconic! Deepika Padukone to become Levi's global brand ambassador

IRCTC Share price: Dolat Capital initiates coverage on with target of Rs 2650

''Metro Man'' E Sreedharan formally joins BJP

HDFC Share price: Jefferies maintain Buy rating on HDFC with a target price of Rs 3340

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved