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SBI warns of UPI fraud: How the ‘jumped deposit scam’ can drain your bank account

11 Oct 2026 · 3d agoSource: LiveMint — Money

SBI has warned bank customers about the jumped deposit scam, in which fraudsters exploit unexpected bank credits to trick victims into approving high-value UPI payments. Learn how the scam works, recognise warning signs and protect your bank account from digital payment fraud.

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