ATM cards are a great way to access your money when you need it, but they can also be a major security risk if they fall into the wrong hands. That's why it's important to know how to block your SBI ATM card if it's lost or stolen. Here's a step-by-step guide on what to do.
How to block your SBI ATM card
If you have lost your SBI ATM card or if it has been stolen, you can block it by following these simple steps:
1. Login to your bank account using your internet banking credentials.
2. Go to the 'ATM Card Services' section and select the 'Block ATM Card' option.
3. Enter your 16-digit ATM card number and the reason for blocking the card.
4. Click on the 'Submit' button.
Your SBI ATM card will be blocked immediately and you will be notified of the same via SMS or email.
Why you should block your SBI ATM card
If you are an SBI ATM cardholder, then it is advisable to block your card immediately if it gets lost or stolen. Here’s why:
1. Blocking your card will prevent unauthorized transactions: If someone gets hold of your card and PIN, they can easily withdraw money from your account. By blocking the card, you can ensure that no one can use it to make unauthorized transactions.
2. It will protect you from financial losses: If your card is used fraudulently, you will be liable for all the transactions that are made using it. This can lead to a significant financial loss. However, if you have blocked the card, then you will not be held responsible for any fraudulent transactions.
3. It will save you from the hassle of cancelling transactions: If your card is used without your authorization, you will have to cancel all the transactions that are made using it. This can be a very time-consuming and tedious process. However, if you have blocked the card, then you will not have to go through this hassle.
4. You can get a new card quickly: Once you block your lost or stolen card, you can apply for a new one quickly
How to unblock your SBI ATM card
If you've been locked out of your SBI ATM card, don't worry - it's easy to unblock. Just follow these simple steps:
1. Log in to your online SBI account.
2. Go to the "Cards" section and select "ATM Cards."
3. Find the card that you want to unblock and click on the "Unblock" button.
4. Enter your OTP (One Time Password) and confirm.
That's it! Your SBI ATM card will be unblocked and you can start using it again.
What to do if you lost your SBI ATM card
If you have lost your SBI ATM card, you can follow these steps to block it:
1. Call the customer care number immediately and report the loss of your card.
2. You will be asked to provide some details like your name, account number, date of birth, etc. for verification purposes.
3. Once your identity is verified, the customer care executive will block your card and issue a new one.
4. You can also visit the nearest SBI branch and request them to block your card.
5. In case you find your card later, you can unblock it by calling the customer care or by visiting the branch.
Conclusion
It is important to know how to block your SBI ATM card in case it is lost or stolen. By following the steps outlined in this article, you can quickly and easily block your card to prevent any unauthorized use. If you have any further questions, please contact your nearest SBI branch for assistance.
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