SBI Issues Fresh Warning: UPI Users Must Stay Alert as Digital Frauds Rise

Digital payments in India are booming, and with them, online fraud is spreading faster than ever. To keep customers safe, the State Bank of India ( SBI ) has issued an urgent advisory, reminding users to stay extra cautious while using the UPI platform. Cybercriminals are constantly upgrading their tricks, making awareness the first line of defense.
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SBI Raises the Alarm

SBI has begun sending warning messages to millions of customers. The bank has clearly stated that people should not trust any unknown deposits or panic if someone pressures them to “return” money immediately. Fraudsters often send deceptive UPI requests, hoping customers will approve them without thinking, sometimes resulting in heavy financial losses.

The bank has stressed one rule: never approve a UPI request without proper verification. Unknown links, suspicious calls, or random messages should be ignored instantly.


Digital Fraud on the Rise

As India moves deeper into the digital payment ecosystem, cybercrime is also evolving. With millions of daily UPI transactions, scammers are creating smarter and more believable fraud techniques. To counter this, banks and government agencies are running awareness drives so users can protect their hard-earned money with informed decisions.

Fake UPI Apps: A New Trap

One of the latest and most dangerous scams involves fake UPI apps. These apps look just like genuine ones, tricking users into trusting them. Fraudsters use them to generate fake transaction screens, take screenshots, and send bogus messages pretending to be from the bank.


When confusion sets in, scammers call the customer offering “help” or “verification,” and this is where many people unknowingly share sensitive details. Once the information is leaked, money disappears within minutes.

Stay Alert, Stay Safe

UPI may be fast and convenient, but safety depends on awareness. Users must remember that banks never ask for passwords, UPI PINs, or OTPs. No transaction should be approved blindly, and no message should be trusted without verification.

SBI’s latest warning is a timely reminder: in the digital world, a moment of caution is your strongest protection.