SBI Alert: If you are getting a good loan offer on the phone, be careful, there may be a loss

  SBI Alert: If you are getting a good loan offer on the phone, be careful, there may be a loss

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If you are thinking of taking a loan after listening to an attractive loan offer on the phone lock, think again. State Bank of India (SBI) has issued an advisory to all its customers.

New Delhi: If you are thinking of taking a loan after listening to an attractive loan offer on Phone Lock, think again. State Bank of India (SBI) has issued an advisory to all its customers. The bank has said that if you need SBI Loan Finance Ltd. Or Mudra Finance Pvt. Ltd. If you have been approached for a loan from, you should be careful. An attempt is being made to defraud you.

The SBI asked these institutions to be vigilant

State Bank of India has made it clear that SBI Loan Finance Ltd. Or Mudra Finance Pvt. Ltd. Not affiliated with SBI in any way. The bank said that in the last few days, it has been seen that some fake institutions are trying to defraud people by offering loans. The waiters need to be very careful when they get any such offer.

Money is sought for loans

SBI told customers that these bogus institutions do not have the right to give loans. These people offer loans and ask customers for some money in the name of registration or processing fees. Institutions disappear until consumers realize they have been deceived.

If you want to get a loan, do this work

State Bank of India told customers not to process the loan over the phone if they want to take such a loan. Go to your nearest SBI branch for a loan and process the loan.

More secure to withdraw from SBI ATMs

State Bank of India (SBI) is expanding its one-time password (OTP) -based cash withdrawal service to all its ATMs across the country for Rs 10,000 a day and more. SBI's change will take effect in the country from September 18.

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Here's how to withdraw money from an ATM

If you are going to an SBI ATM for withdrawal of Rs 10,000 or more, don't forget to take your mobile with you. Because you have to enter the OTP sent from the bank on the registered mobile number. Failure to do so will result in your transaction failing. The security system is currently available for transactions at SBI ATMs between 8pm and 8am.