Debit card lost: It is possible to find a lost debit card, provided you remember the 16 digit unique debit card number. If you remember this number, you can tell the bank and the police. If the card of that number is used in an ATM, then the police can track it.
The debit card of the bank is a thing to keep. Even after this, what if it is lost? What’s the easy way to get it? The first thing to do in case of loss of the card is to contact the bank. It is also advised to lodge an FIR for loss of card in your nearest police station. Give a copy of the FIR to the bank and tell that such an incident has happened.
There are several ways to report the loss of the card to the bank. If you wish, you can inform the phone banking officer about this. The bank will have to tell you that the lost card should be hotlisted so that no one can use it. The bank will also have to be asked to re-issue the card for net banking and mobile banking. As soon as you approach the branch, the card will be hotlisted on your request.
What is card hotlisting
Once the card is hotlisted, the bank closes all its transactions. That is, no banking activity can be done through that card. You will get the notification as soon as the card is blocked. Its message comes on the phone or on the email. It is seen that banks show utmost promptness in closing a lost or misplaced debit card and this work is completed within a few minutes. Once the lost card is hotlisted, you can issue another card. You can also do this work by going to mobile banking or net banking or bank branch.
How to find lost card
It is possible to find a lost debit card provided you remember the 16 digit unique debit card number. If you remember this number, you can tell the bank and the police. If the card of that number is used in an ATM, then the police can track it. This will be possible only when the camera is installed in that ATM and it works. Based on the footage, the police can catch that person and recover the card. But in practice this does not happen because it is a very complicated task.
Apply new card
What happens in most of the cases is that people apply for a new card which is available within 2-3 working days. Some banks charge for a new card. If the loss of the card is reported to the bank within a stipulated period, no separate charges are to be paid for the new card.
If you inform immediately after the card is stolen or lost according to the guidelines of the bank, then there are many benefits. The bank is then legally bound to take care of the interests of the customer. He has to immediately block and freeze the card. If you do not inform about the theft or loss of the card on time, then after that there is a fraudulent transaction with the card, then the bank does not take responsibility for it. You have to apply for the card separately. The term and condition of the bank has detailed information about how long to report the stolen card.