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RBI has given 1600 and 140 phone numbers series to banks and financial institutions for financial transactions, marketing calls and SMS. With this initiative, users will get relief from fraud and scams.
New Delhi. These days the incident of fraud calls has become common. You must also have such spam calls. You must have seen the news of scaming and fraud on the calls. The Reserve Bank of India (RBI) has taken a concrete step to put a complete disorder on all these. If you are a mobile user then this news will definitely make you happy. The Reserve Bank of India (RBI) has started 2 dedicated phone number series for financial institutions to make transactions and marketing calls to its customers. This new initiative has been taken to protect mobile users from fraud.
The latest notice of RBI states that banks will now have to use the phone number starting from only 1600 for all transaction-related calls. In other words, if you get a call about any transaction or any other financial affair, then it should come from the number starting from 1600 only. This remedy will help people stay away from fraud calls.
For marketing calls and SMS
In the same way, RBI has allotted the number series starting from 1600 for banking services. In the same way, RBI has also set a phone number series starting from 140 for marketing calls and SMS information to customers. Therefore, if a bank is actually providing services like personal loan, credit card or insurance, then you can expect they from the numbers starting from 140.
This step will help users to avoid cheaters who falsely claim to give loans or credit cards from banks. Let us know that in the last few times, the incidents of online and calls on calls have increased. The fraudsters claim that they are from the bank and take big money from the people. In such a situation, this step of RBI can be very relieved.
