Archive · 11 Oct 2026
SBI Warns Customers About ‘Jumped Deposit’ UPI Scam
SBI has warned people about a trick involving unexpected money in a bank account.
A stranger may say they sent the money by mistake and ask for it back quickly.
The stranger may use pressure or emotional appeals to make someone hurry.
The real danger is that they may get the person to approve a much larger UPI payment.
If approved, that money can go to the scammer.
SBI says to check unexpected deposits using official bank channels.
It also advises blocking suspicious numbers and reporting concerns to the bank.
Don’t approve an unfamiliar payment request just because someone is rushing you.
State Bank of India warned about a scam involving unexpected deposits and fraudulent UPI payment requests.
Scammers may claim they accidentally sent a small amount and pressure recipients to return it quickly.
The alleged trap is to persuade victims to approve a high-value payment request, transferring money to the fraudster.
SBI advised customers to verify unexpected credits through official bank channels, block suspicious numbers, and report incidents promptly.
SBI’s October 10, 2026 post also said calls prefixed with 1600 are genuine bank calls; the article advises verifying a caller’s identity and request.
- Who
- State Bank of India warned customers and citizens about the scam.
- What
- A scam in which fraudsters use claims of mistaken deposits to trick people into approving high-value UPI payments.
- When
- SBI posted its warning on October 10, 2026, at 6:00 PM.
- Where
- The warning was posted on X; the article describes the scam as a risk to banking customers across the country.
- Why
- SBI said the warning was intended to alert people to the fraud and help them protect their accounts.
- Scam name
- Jumped deposit scam
- Typical opening
- A supposed accidental small credit from an unknown person
- Fraud mechanism
- Pressure to approve a high-value UPI payment request
- Warning source
- State Bank of India
- Post date and time
- October 10, 2026, at 6:00 PM
- Recommended response
- Verify unexpected credits through official bank channels and report suspicious incidents to the bank
- Phone number prefix mentioned
- 1600; SBI described calls prefixed with it as genuine and secure, while the article advises checking caller identity and purpose