What Is 'Lock FD' And How Is Axis Bank Securing Its Customers With This New Feature Amid Rising Cyber Scams
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Summary
Axis Bank has introduced a new 'Lock FD' security feature to protect fixed deposits from cyber fraud. When activated, this feature prevents premature FD closure through digital channels, requiring cus...
Key Details
Published
13 August 2025 at 07:00 am
Source
The 420
Channel
digital banking
Victim Profile
bank customers
City
Mumbai
Fraud Keywords
fixed deposit frauddigital banking fraudunauthorized withdrawalsphishing attacks