Stories
SBI Warns Customers Against New Jumped Deposit Scam
- •State Bank of India issued an urgent alert against the Jumped Deposit Scam where cyber criminals trick users through sudden unknown account deposits.
- •Fraudsters deposit a small amount into a victim account and then pressure them to return it urgently.
- •Victims making hasty UPI transactions to return the money often fall prey to losing large sums of their own savings.
- •SBI advises customers not to panic or make immediate transactions under pressure from unknown callers.
- •Always check bank entries carefully and use official bank channels if you have doubts about returning unexpected funds.
Key Questions Answered
The Jumped Deposit Scam is a type of cyber fraud where criminals send a small, unexpected amount of money into a victim's bank account. They then pressure the account holder to quickly return the funds, taking advantage of the haste to trick them into approving a large, fraudulent UPI transaction.
SBI issued the alert about the Jumped Deposit Scam through a post on the social media platform X on October 10, 2026, as part of the National Cyber Security Month Special Campaign 6.0.
If unexpected money appears in your account from an unknown person, avoid panicking or making immediate transactions under pressure. Instead, check your bank entry, carefully read the details before approving any UPI request, and use official bank channels for any doubts.
