Many people feel as if their hard-earned money is in danger, but the good thing is that if you take the right steps at the right time, your money can remain completely safe.
Nowadays, ATM cards have become a vital part of our daily lives. Whether it's withdrawing money, paying at a store, or shopping online, cards are used everywhere. In such a situation, it's natural to panic if you suddenly discover that your ATM card is missing. Many people feel as if their hard-earned money is at risk. But the good news is that if you take the right steps at the right time, your money can remain completely safe. So, today we'll tell you what to do if you lose your ATM card, how to block it immediately, how to get a new card, and how to avoid such a situation in the future.
What to do first when you don't get your ATM card?
Sometimes the card isn't actually lost, but rather forgotten. In such a situation, don't panic; first, check your pockets, bag, and wallet thoroughly. Check your car, office desk, or any other place in your home where you've been recently. The card may have been left behind in your clothes or a file. Often, a little careful searching can help find the card and avoid trouble. If you can't find it even after a thorough search, don't waste time. The sooner you block the card, the less risk there is. Delaying could lead to someone else misusing the card.
Why is it important to block your ATM card immediately?
If a stranger gets hold of your card, they can withdraw money from ATMs, swipe it at stores, or make online purchases. This is called an unauthorized transaction. Therefore, the sooner you inform the bank, the better. Every cardholder is responsible for immediately notifying the bank if their card is lost or stolen. Prompt reporting keeps your account secure and reduces your liability in the event of fraud. The bank will immediately block the card.
Easy ways to block your ATM card: 1. Block via SMS - If your mobile number is registered with your bank, you can also block your card via SMS. Simply type "BLOCKCC" (or the message provided by your bank) from your mobile phone. Send it to the bank's designated number. You will receive a confirmation message. This method is quick and easy.
2. Call the toll-free customer care number - You can also block your card by calling your bank's 24-hour helpline number. A customer service officer will verify your identity and ask a few questions. The card will be blocked immediately. Always call the number listed on the bank's official website or in your passbook.
3. Via Mobile App or Internet Banking - If you use Net Banking or Mobile Banking, log in. Select Card Services or Block Card. The card will be blocked in a few clicks. This method is considered the fastest and most convenient.
4. Visiting a bank branch - If phone or internet access is not available, visit the nearest branch. Explain the situation to the bank official, show proof of identity, and the card will be blocked.
What happens after the card is blocked?
Once you provide this information, the card will be completely deactivated. No one will be able to transact with it after that. The bank will provide you with a reference number or confirmation ID. Keep this safe as it may be needed for future complaints or information.
How to get a new ATM card?
Once your old card is blocked, you'll need to get a new card. Some banks charge a nominal fee for issuing a new card by calling their helpline, using net banking or the mobile app, or visiting a bank branch. You'll need an identity proof (Aadhaar, PAN, passport, etc.) or proof of address. Bring these documents with you if you're visiting a branch.
PC:ABPNews
