SBI cautions customers to be alert of illicit instant loan apps

Started by NiveRoshni, Jan 11, 2021, 11:40 PM

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NiveRoshni

SBI cautions customers to be alert of illicit instant loan apps



State Bank of India (SBI) has warned its customers to be alert against loans being offered by unauthorised digital platforms, mobile applications. These fraudulent offers promise the process to be quick and hassle-free.

SBI, from its official twitter handle, tweeted "Beware of fraudulent instant loan apps! Please do not click on unauthorized links or provide your details to an entity impersonating as SBI or any other bank. Visit https://bank.sbi for all your financial needs".

The bank has also shared some safety tips apart from giving the message to its customers of the fraudulent instant loan apps which could be a trap.

-Check the terms and conditions of the offer.

-Avoid clicking on suspicious links.

-Check the authenticity of an app before downloading


Source : https://www.moneycontrol.com/news/business/sbi-cautions-customers-to-be-alert-of-illicit-instant-loan-apps-6328741.html/amp

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