Internet banking is the facility given by the bank to access your Bank Account and make financial transactions online. It is an important part of digital banking. In the present scenario, the government and RBI are making efforts to limit the fallout of the coronavirus pandemic by avoiding social contact and visiting public places. So that you can use various modes of digital payment from the convenience of your home through online channels like mobile banking and internet banking.
Do you really want to protect your Internet Banking Account?
Internet Banking is the facility provided for the ease of your business. It should be used with due care. There are certain points that one should remember to protect your internet banking account.
15 Key points to protect your Internet Banking Account
- Never use the free available public network or any free WIFI available at public places like airports, railway stations, bus stops, hotels, etc.
- Always type the web address of your bank website in the address bar of your browser. Do not access the bank website through a link in an email or another website.
- Always check that the URL address of your bank’s website in the address bar of your internet browser begins with “https”; where the letter ‘s’ at the end of “https” means ‘secured’.
- Always ensure that there is a padlock symbol on the bottom bar of the browser to ensure that the site is running in a secure mode.
- Never respond to / click on the links in spam emails asking for your confidential login details
- Always set a strong password for your internet banking login. It must be of least 8 characters with alphanumeric combinations. It should contain at least one special character (like * & ^ % $ # @ !). Do not use a common word like ‘PASSWORD’ as a password.
- Never write down your password and don’t let others know your pin or password.
- Also, don’t use the same password for all your online accounts.
- Always special characters like # $ @ etc. in your password.
- Do not use the “AutoComplete” function and never opt for the ‘save password’ option on your browser. Also, prevent your browser from remembering your password
- Do not reveal your Passwords/Pins to anyone over the phone call, even if the caller claims that he/she is calling on behalf of the Bank.
- Use the Virtual Keypad for enhanced security while login to your Net Banking.
- Never share the Unique Registration Number (URN), One Time Password (OTP), or Online Shopping Password (OSP) forwarded by the Bank to your mobile phone.
- In case of suspicion, immediately report the matter to your bank’s customer care through phone or email.
- Always log out to terminate your session, instead of closing the browser directly.
- Avoid using cyber cafes/shared PCs to access our Internet Banking site.
- Update your PC with the latest antivirus and spyware software regularly.
These are certain points we all know but normally forget to follow and fall prey to online banking fraud. So, these are important tips for safe online banking.