From banks to witness fraud and rising fraud rates, to make customers aware of safe banking operations and to warn them not to share sensitive personal information such as bank account numbers, OTPs, PINs, etc. Some ads and attention are provided. Call with a stranger.
Individuals need to take such warnings seriously. Avoiding the warning can lead to huge financial losses and may not be compensated by the bank. As recently happened with a Gujarat man.
According to a recent ruling by the Gujarat Consumer Court (Amreli Consumer Dispute Relief Commission), victims of bank fraud are not liable for any compensation from banks.
According to a TOI report, an order was passed in April 2018 when a retired teacher named Kurji Javia, who is currently in legal affairs, was the victim of a fraudulent phone call. He shared the ATM card details with the scammers. A person who said he was the manager of the National Bank of India (SBI). A total of 41,500 rupees was deducted from his account one day after he provided the details.
Javia immediately tried to connect to the SBI Nagnath branch because of a transaction, but there was no response. The money withdrawn from his account was later used for online shopping.
Shocked by the fraud, Havia sued SBI, claiming that the bank was able to proactively prevent losses and demanded additional compensation along with the full amount lost.
Rejecting his complaint, the consumer court said he did not follow the cautions and secure trading guidelines provided by the bank against such fake phones and fraudsters. The court also said the fraud was committed due to Havia’s own negligence, as the bank never passed the order and requested personal information over the phone.
If you fall into a scam or scam, the bank is not obliged to pay
Source link If you fall into a scam or scam, the bank is not obliged to pay