The ATM frauds are rising by the day. While the banks are taking steps to prevent them, the cyber thieves are devising new methods to syphon money from the ATMs. There are some steps which you can follow to secure your money while using the ATMs.
If you find any fraud of withdrawal from your ATM, immediately get your card blocked. Report it to the bank first and then call the police.
The complaint should be made within 3 days of the fraud so that you can reduce your liability.
One must not share the pin or any other information and if it happens the customer will be liable for the loss. But after reporting the Banks will take the responsibility according to RBI norms.
If the fraud occurs due to the fault in the Banking system, then the customer will not be responsible for the loss.
Filing an FIR is a must after reporting to the bank. The FIR must be made at the nearest police station for recovering the money.
Use only the smart chip cards. The old magnetic cards do not have enough security.
Maintain utmost secrecy with your PIN numbers and other details.
