In recent weeks, a so-called ATM trick has been circulating on social media and messaging platforms, claiming that customers can bypass charges or withdraw extra cash using a simple “hack.” The viral posts suggest pressing certain buttons or following hidden sequences on ATMs to access free services or even reverse failed transactions instantly.
RBI’s official clarification
The Reserve Bank of India (RBI) has now stepped in to address the growing misinformation. In an official advisory, the central bank has made it clear that no such “tricks” or shortcuts exist. ATMs work strictly within regulated banking systems, and any claims of hidden features are completely false. The RBI also reminded customers that financial transactions at ATMs are governed by secure protocols, leaving no room for manipulation through button combinations or viral hacks.
Risks of believing the trick
Authorities have warned that attempting such tricks could put ATM users at risk. Fraudsters often spread these false messages to lure people into scams or to capture personal banking details. Following such instructions may lead to card cloning, PIN theft, or even malware attacks on machines. Instead of gaining free services, unsuspecting users could end up losing their hard-earned money.
What customers should do
The RBI has urged all customers to rely only on official bank notifications for information on ATM usage, transaction limits, or fee structures. If an ATM fails to dispense cash but the amount is debited, the transaction is automatically reversed within a few days, as per RBI’s rules. In case of delays, customers should immediately raise a complaint with their bank rather than relying on unsafe online advice.
Strong message against misinformation
The central bank has taken a strong stand against the spread of financial misinformation. It has appealed to the public to verify any banking-related messages through official websites or trusted channels before acting on them. By staying alert, customers can protect themselves from fraud and avoid becoming victims of misleading viral content.
