Fraud Alert: How to File Complaints on RBI’s Sachet Portal and Protect Your Money

In response to rising cases of financial fraud—ranging from Ponzi schemes to unauthorized deposit-taking companies—the Reserve Bank of India (RBI) has streamlined its complaint process through the Sachet portal (sachet.rbi.org.in). This digital platform allows victims to report scams directly to the appropriate regulatory authority, including SEBI, IRDAI, and RBI itself.

The portal is designed to be user-friendly and inclusive, offering support in 13 Indian languages. It also provides public notices, lists of banned entities, and investor education resources to help users identify and avoid fraudulent schemes.

Key Highlights:

- Who Can Use It:  
  Victims of fraudulent investment schemes, fake finance companies, or unauthorized deposit takers.

- How to File a Complaint:  
  Visit sachet.rbi.org.in, click “File a Complaint,” fill in details of the fraud, and submit.

- Language Accessibility:  
  Available in Assamese, Bengali, Hindi, Tamil, Telugu, Urdu, and more.

- Automatic Routing:  
  Complaints are forwarded to the relevant regulator for prompt action.

- Additional Resources:  
  Includes scam alerts, banned company lists, and investor awareness guides.

Sources: The New Indian Express, RBI Sachet Portal, Financial Express Hindi, Finlaw Blog.