How to report Unauthorised Transactions?

07 February, 2024

Unauthorised transactions are activities that occur on your financial account without your permission or knowledge. These transactions can involve the use of Credit / Debit Cards, online banking accounts, mobile wallets and other electronic payment methods.

Unauthorised transactions are typically carried out by fraudulent people who want to steal sensitive information or money.

How can unauthorised transactions take place?

1. Credit / Debit Card fraud: This can happen when a Credit or Debit Card is issued in your name without your knowledge, or when it is used for making purchases, withdrawals or transfers without your knowledge.
   
   

2. Online banking frauds: It can happen when your NetBanking or mobile banking credentials are compromised or leaked. It can lead to quick transfers to different accounts without your consent.
   
   

3. Mobile wallet frauds: Mobile wallet frauds happen when the credentials of your mobile wallet are compromised. Fraudulent UPI transactions are also a type of mobile wallet fraud.
   
   

4. ATM skimming: This happens when the fraudsters attach devices like cameras or skimmers in an ATM. It allows them to record your card details and PIN. This can then be used to make online transactions using your card details.
   
   

How to report unauthorised transactions to HDFC Bank?

1) Block your Credit / Debit Card through NetBanking:

1. Login to your NetBanking account using the customer ID and password.
   
   

2. Click on the 'Card' tab.
   
   

3. Select the 'Request' button under the Credit or Debit Card.
   
   

4. Select the 'Credit Card Hotlisting' or 'Debit Card Hotlisting' option.
   
   

2) Report unauthorised transactions through PhoneBanking

1. For PayZapp, call on 1800-102-9426 or email cybercell@payzapp.in.e
   
   

2. To report Credit Card / Debit Card / NetBanking / UPI transactions not done by you, call 1800-258-6161.
   
   

3) Report unauthorised electronic banking transactions to the National Cyber Crime helpline:

In case of unauthorised electronic banking transactions, you can directly report to the National Cyber Frauds Reporting and Management System by following the below steps:

1. Report the incident to the National Cyber Crime Helpline Number at 1930.
   
   
2. Visit https://cybercrime.gov.in/Webform/Crime_AuthoLogin.aspx or www.cybercrime.gov.in.
   
   
3. For more info, visit https://www.pib.gov.in/PressReleasePage.aspx?PRID=1814120.
   
   

How to protect yourself from unauthorised transactions?

5. Use strong, unique passwords for your banking accounts.
   
   

6. Enable two-factor authentication (2FA) for an added layer of security.
   
   

7. Verify the authenticity of the sender before sharing any sensitive information.
   
   

8. Check your bank statements and transaction history frequently.
   
   

9. Keep your devices' operating systems and applications up to date.
   
   

10. Change your PINs and passwords periodically.
    
    

11. Avoid sharing sensitive details over phone calls or emails.
    
    

HDFC Bank’s Vigil Aunty assists you in case of any unauthorised or fraudulent transactions. She also spreads awareness about fraud prevention techniques to help you dodge any fraud that may arise.

To safeguard yourself against unauthorised transactions, you should adopt the best practices for online security and regularly monitor your financial accounts for unusual activities. You should immediately report an unauthorised transaction to the relevant authorities and financial institutions to minimise the damage caused by these fraudulent activities.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.