Loss of savings: Fraudsters may convince you to transfer money or share sensitive information, leading to a direct loss of your hard-earned retirement savings.

Identity theft: Scammers can misuse your personal and financial data (e.g., PRAN, bank details, passwords) for identity theft or to commit financial crimes in your name.

Unauthorized Access to Accounts: If fraudsters gain your NPS/APY login details or other sensitive personal data, they can misuse the details to divert the funds or make fraudulent changes.

Cybersecurity threats: Phishing attacks, malware, or fake websites can compromise your devices, exposing you to further cyber threats like hacking and data theft.

Emotional and psychological impact: Falling victim to fraud can cause stress, anxiety, and emotional distress, especially if you lose funds you were saving for retirement.

Financial Instability: Scams can destabilize your financial planning, leading to short-term liquidity issues or long-term financial insecurity.