The Economic Times

Good news for senior citizens: Money in this bank can now only be transferred by double OTP verification one to a/c holder and another to trusted contact

Senior citizens in Gurugram and Faridabad now have enhanced security for their bank accounts. HDFC Bank has introduced a double OTP system. This initiative ensures money transfers only occur after verification from both the account holder and a trusted contact. This voluntary facility aims to protect individuals over 60 from cybercrimes and financial losses.