Tips for Safe Banking


1. Always prefer the banks recognized by the Reserve Bank of India
2. Never introduce an unknown person for the purpose of opening an account in your Bank
3. Never encash cheques / drafts of an unknown person through your account
4. Do not keep your account inoperative for a long time
5. Never disclose your bank account number, user name and password to anyone
6. To avoid theft in postal transit or courier services and subsequent cheating, keep a track on the cheques / drafts / pay orders sent through post and courier services
7. As far as possible, bank transactions should be handled personally
8. Take care of your cheque books. Do not keep signed cheques in the drawer or any place where outsiders have an easy access
9. All bank transactions should be counter checked to ensure that deposited cheques have been realized
10. Monthly statements of your bank account should be invariably checked
11. At the time of withdrawal of cash, the account holder must physically check the cash. Never hand over the cash to a third person for counting

Carrying Cash Safely

Many crimes occur when you carry cash and valuables from your home, shop, bank in public/private transport. Numerous gangs perfected the art of stealing this money from you in your weakest moments. They play upon our petty greed and mild tension takes us over when we hold such amounts of cash. Following are the ways how these offenders operate

1. Diverting your attention
2. Giving you false sense of security by posing as policemen
3. Pick Pocketing in busy buses
4. Loot you at knife/gun point

Diversion of Attention

John withdrew Rs.5,00,000/- from Bank and kept the cash bag with him in his car. While he was proceeding towards RTC x roads, at traffic signal one stranger told him to check his deflated rear tyre. On this, he came out from the car leaving the cash bag in car, and checked the air and found that everything is alright. But in the mean time, another person has taken the cash bag from the car and fled away (True Story).
Diverting attention of less attentive people and stealing their valuables is an age old crime. These gangs generally operate in groups of four. They operate near banks and major shops.


Diverting attention inside the Banks

1. Divert the attention by asking you to fill the form.
2. Divert the attention by throwing small currency on the floor and ask you whether those notes belong to you.
3. Diverting the attention of employee works at cash counter by asking some queries repeatedly
4. Diverting attention by asking the staff about the other banks and their branches.
5. Diverting the attention of employee safeguarding the cash by telling him that he is being called by the manager.
6. Some will approach you with a story that their relatives are in hospital and they are likely to get money from their village and ask for your account details to credit their money.

Safety inside the Banks

1. Don’t believe strangers.
2. Don’t divert your attention for the small currency especially when you are in bank and making huge transactions.
3. Make you to fall prey for small currency they take away big cash from you.
4. On Friday, Saturday & Monday between 10 am to 1.00 pm heavy transactions take place in banks, so one must be on high alert in those days and timings.
5. Cash counter staff should lock the doors from inside or use electronic security check door.
6. Keep a watch on those customers who are standing idle and watching others.
7. All the banks should install the CCTV cameras and employ staff to monitor it.
8. Cash to be delivered to the customers inside the counter those who withdraw huge cash.

Diverting attention outside the Banks

When the customers come out from the bank and while keeping the cash bag inside the car or scooter, some strangers approach them and divert their attention in following ways.

1. Throw small currency on the road.
2. Alert the customers by making signs that their vehicle tyres are deflated.
3. Enquiring about the addresses of some banks or other information.
4. Spill some sticky material with offensive odour on customers, divert their attention and steal the cash bag.
5. Some youth posing like policemen try to ‘help’ you by keeping your cash and valuables safely with them as there is a murder nearby. When you go home later and open the bag to find your valuables missing.
6. Some follow you till your home and when you stop midway to have tea or shopping, open your dickey to steal your money.

Safety outside the Bank

1. After keeping the cash bag inside the car or any other vehicle, you shouldn’t listen to the words of any stranger.
2. Think before you decide to pick the small currency on the road, the stranger could have picked it up for you.
3. Don’t alight from your vehicle immediately after you are told about the problem in the tyres of car.
4. If your attention is drawn by a stranger, you should come out from car along with cash bag.
5. Whenever you withdraw huge amount from bank better take somebody with you.

Safety while transporting huge cash in vehicles

1. Thieves always observe the cash transport vehicles follow them. Whenever the employee enters into the bank, the thieves approach the vehicle and divert the attention of driver by putting small currency on the road and divert the attention of security guard by asking some addresses and steal the cash.
2. One mustn’t go for small currency.
3. Don’t alight from your vehicle immediately after you are told about the problem in the tyres of car.
4. Whenever the employee enters into the bank from vehicle he should lock the vehicle doors from outside.
5. Some attack with crude weapons or toy guns and loot the cash.