Whatever income you earn, it must have come to the bank first. And then most people prefer to keep their savings in the bank as well. But in today's time, the way cyber thugs are stealing people's hard-earned money, it seems that people's earnings are not safe even in the bank. However, we have to be very careful not to share our confidential banking information with anyone. Otherwise, even the bank is not able to help you in case of fraud. But if there is fraud with you, then the bank returns you the full 100% money. Just for this, there are some terms and conditions which you have to fulfill. So let's know without delay that how money can be withdrawn from the bank in case of fraud. You can learn about it in the next slides...
Method to get a 100% refund:-
If ever a fraud happens to you, the first thing you have to do is inform the bank. The rule says that if you inform the bank within three working days (working days) of the fraud, then you have a 100% chance of getting your money back.
Just in this, you have to keep in mind that if you have been cheated due to your mistake or any negligence, then in such a situation the bank does not give you the money back.
How long does it take to get the money back?
Number 1
If you have informed the bank at the right time, then under the rules, the bank claims to return the money to you within 10 days. However, this money will be shadow credit in your account, which may take up to 90 days to reach your account.
Number 2
If you inform the bank about the fraud with you within 4 to 7 days, then according to RBI, even then the bank can return your money to you. However, in this case, you do not get 100% money back.
Number 3
You have been cheated and for some reason, if you complain about it to the bank after 7 days, then your chances of getting the money are slim to none. In this situation, the bank board itself decides whether the money will be returned to you or not.
(PC: iStock)
