RBI News: Stuck payment? Get a ₹1 lakh refund for ₹7,500—did the RBI introduce a new rule? Here is what the government said.
RBI News: An RBI letter is going viral on social media regarding tax refunds. Let’s find out what this news is about and the truth behind it.
RBI News: The RBI has been making several changes to its regulations recently. Amidst this, a story is circulating widely on social media claiming that the Reserve Bank is demanding a certain amount of money to release a stuck payment. Is there any truth to this? Let’s find out.
What is the full story?
An RBI letter is rapidly going viral on social media, stating that the Reserve Bank of India requires a deposit of ₹7,500 as tax before releasing a sum of ₹1 lakh. This news has left people astonished, as many are receiving such messages and emails containing the letter.
What is the truth behind the news?
PIB Fact Check has now revealed the truth behind this viral story. PIB shared a screenshot of the letter via its official X (Twitter) account, clearly marking it as 'FAKE'. This means the claim is completely baseless. The caption accompanying the post reads: "A letter purportedly from the Reserve Bank of India (RBI) is going viral on the internet. It claims that a refundable tax of ₹7,500 must be paid to receive a stuck amount of ₹1,00,000."
⚠️Scam Alert!
— PIB Fact Check (@PIBFactCheck) July 17, 2026
🚨 A letter doing rounds on the internet reportedly issued by the Reserve Bank of India (RBI) claims that the recipient must pay a refundable tax amount of ₹7,500 to facilitate the release of a pending amount of ₹1,00,000. #PIBFactCheck:
❌ This letter is… pic.twitter.com/qKfnpQz36Q
It further states: "According to PIB Fact Check, this letter is fake. The RBI never contacts the general public via unsolicited phone calls or emails to request money or any personal information. If you have fallen victim to such a scam, please lodge a complaint with local law enforcement agencies (the police)." Rely only on authentic sources.
Additionally, the agency has stated that any suspicious information about the central government should be reported to PIB Fact Check, which will reveal the truth behind it. PIB's contact number and email address have also been provided.
It is worth noting that PIB is a government agency that fact-checks fake news related to the government and presents the truth to the public. Therefore, if there is any doubt regarding a news report, one can contact PIB.
