By ArthaShala Financial Desk | Updated: November 7, 2026 | ✓ Verified Against RBI Directions (RBI/2025-26/82 & Oct 2026 Master Directions) Losing a parent, spouse, or family member is emotionally devastating. Fighting a bank branch for their life savings shouldn't be your second tragedy. Every day across India, grieving families walk into bank branches holding an original Death Certificate—only to be sent on a months-long runaround. Uninformed branch officers routinely demand court Succession Certificates even when a valid nominee is registered, insist on wealthy third-party sureties, or leave safe deposit locker claims gathering dust for months. Here is the regulatory weapon banks rarely advertise: Under the Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025 (fully enforced across all banks in 2026), your bank is legally required to settle deposit and locker clai...
Lost Money? How to Stop UPI Autopay Scam & Revoke Mandates Instantly Imagine waking up to a notification: “₹5,000 debited from your account.” You didn’t swipe your card. You didn’t enter an OTP. You didn’t scan a QR code. Yet, the money is gone. Panic sets in. You check your transaction history, hoping it’s a mistake, but then—three days later—it happens again. This is not a glitch. This is the UPI Autopay Scam , one of the most sophisticated and rapidly growing financial crimes in India. While using the best UPI apps in India for secure payments offers robust security features, user error and social engineering remain critical vulnerabilities that scammers exploit. Unlike traditional phishing where scammers steal a lump sum once, the UPI Autopay fraud is designed to bleed your account dry over time. By tricking you into approving a " Mandate ," scammers gain legal, recurring access to your bank account without needing your permission for future dedu...