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Don’t give details on cell phone if you ask for more information on KOYC form: RBI warns public

Published: 15 Sep 2021 03:10 am

Updated: 15 Sep 2021 04:56 am

Published: 15 Sep 2021 03:10 AM
Last Updated: 15 Sep 2021 04:56 AM



The Reserve Bank has warned the public not to be fooled into answering cell phone calls asking for additional information to be added to the KOYC form. Detailed circular in this regard RBI Has published.

Everyone who has an account with a bank should know about your customer called KYC and fill up the application. It is mandatory for them to know the full details of the bank customer who has the account. .

Those involved in bank frauds claim to have contacted the customer on a mobile number and spoken to the bank. As well as especially if government benefits are available in the bank account Cylinder subsidy They say they need to add more details to the KOC form to get the offers included and that they will add it if they report it on the phone immediately.

Fraud increase

The innocent customer on the other end also provides all the details. They use this to withdraw money from the customer’s bank account. Such scams are rampant.

The RBI said in a statement that it would not provide information on the phone as a warning.

Do not provide any bank account details on the phone from an unfamiliar person. Similarly, do not reply to emails coming through the website. It is also advised not to give details like password and bank card number.

The RBI report also said that fraudulent individuals could be robbed of their bank accounts if they provided information through cell phones or emails.

Deadline until December 31st

Similarly, banks are advised to make a purchase when the customer comes in person to the bank even though there is no details in the customer’s KOC form and this will be given till December 31 this year. RBI Reported. -PTI


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