Be Aware of OTP scam!

    With the changing times, banking and money related work has become online and scammers constantly try to take advantage of it. Now its members have been warned of fraud by the Employees’ Provident Fund Organization (EPFO). The EPFO ​​has said that sharing EPF account information, personal details and OTP calls can cause your account to become empty. The easiest way to avoid such frauds is to be vigilant.

    EPFO on its official Twitter handle advised members to be safe from fraud. The tweet read, “EPFO never asks for personal details of members such as Aadhaar, PAN, UAN, bank account or OTP over phone or social media.” It has been said that searching such information or OTP means to serve fraud. Scammers may try to gain this information in different ways.

    Don’t respond to fake calls and messages

    Along with the tweet, EPFO also shared a photo which read, “Alert! Beware of Fraudsters!” It has been told by the organization that EPFO never asks to send money on WhatsApp or other social media platforms for any kind of service. Don’t answer and don’t trust them.


    Keep your documents safe

    EPFO members are advised to use online service DigiLocker to keep their personal documents safe. DigiLocker is a cloud-based platform launched by the Government of India, which simplifies the tasks like security, sharing and verification of documents. Apart from its official website, DigiLocker can also be used with the help of mobile app. In this, the saved documents can be used for government services if needed.

    What is EPFO?

    Let us tell you, EPFO ​​is an organization working for the regulation of Provident Funds, Pensions and Compulsory Life Insurance. It is one of the largest security organizations in the world based on the number of financial transactions. For about five crore EPFO members and subscribers, the Government of India is giving 8.5 percent rate of interest in the year 2020-21. Joining Provident Funds and its associated schemes has its advantages.

    To prevent fraud related to ETPO or any bank account, some things should be kept in mind. First of all, never share your debit or credit card details, CVV and ATM PIN with anyone. It is also advised not to share mobile app activation messages, OTP and mPIN with others. Apart from this, be careful not to download any kind of third-party remote desktop application.

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