UPI

Do banks refund scammed money?

Banks may refund scammed money, especially if the transaction is deemed unauthorized, such as when an account is hacked or a card is used without permission. You should immediately contact your bank or the company that issued the card to report the fraudulent charge and request a reversal. Prompt reporting to your bank's fraud department, or official portals like the National Cyber Crime Reporting Portal, can help initiate investigations and refunds.

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