The Economic Times

Bank customer spots huge unknown deposit in account, receives a call pressuring to return it immediately, ends up approving even higher amount; warns SBI

State Bank of India (SBI) has warned customers about the Jumped Deposit Scam, in which fraudsters use unexpected bank credits and urgent refund calls to pressure people into approving larger UPI payments. The bank has advised customers to verify transactions, avoid suspicious payment requests, block suspected callers and report incidents promptly.