Tezzbuzz DeskNowadays, use of debit and credit cards has become a part of everyday life. From online shopping to paying bills at restaurants and shopping at stores, making card payments has become quite easy. But the problem increases when suddenly the card goes missing from the purse or it is stolen. Being careless in such a situation can prove costly because by misusing the card, money can be withdrawn from your account or unauthorized payments can be made. Therefore, as soon as the loss of the card is detected, the first thing to do is block it.
If your debit or credit card is lost, there is no need to visit the bank branch. You can also block the card from your bank's official mobile app. For this, first of all login to the banking app and go to Cards or Card Services section. Here identify the correct card by the last four digits of your card. After this choose Manage Card, Block Card or similar option. If the card is lost or stolen, choose the option to block it permanently. You can also request for reissue for a new card if needed. After completion of the process, please check the confirmation message received from the bank.
If a banking app is not available on your phone, internet banking can also prove helpful. For this, go to the official website of the bank and login to your account. Then select the concerned card in the Cards section and request to block it. The names of options and the process may differ from bank to bank, so follow the instructions on the screen. Always use the official website of the bank. Some banks also provide the facility to block the card through SMS. However, each bank may have a different format and number for this. Therefore, before sending SMS, please check the information on the official website or app of the bank. Avoid sending your card information to any unknown number.
After blocking the card, another important task is to check the recent transactions of the bank account. If you notice a payment that you have not made, immediately inform the bank and file a complaint of unauthorized transaction. In case of financial cyber fraud in India, cyber crime helpline number 1930 can also be contacted. Do not delay in complaining, as timely information can be important. After losing the card, if someone calls you posing as a bank official and asks for OTP, PIN, CVV or internet banking password, then do not share such information at all. Use only official channels to contact the bank. Remember, blocking your card immediately if you lose it, monitoring transactions, and reporting suspicious activity are the most important steps you can take to keep your money safe.