RBI Update - ATM Debit cards Never Used Will Be Blocked-DYK

RBI Update

From March 16th 2020, If You Have Never Used Your Debit Card For Any Online Transactions Then It Will Be Blocked.

This Step Is Taken To Avoid Fraudulent Transactions Taking Place On Such Debit Cards On Which No Online Transactions Was Done Ever.

If Anyone Want To Use Debit Card, They Can Get It Unblocked By Their Branch Or They Can Do Any Transaction Before 16th March 2020 To Keep Their Debit Card Active.

Furthermore, All Banks Will Soon Come Up With Options To  Block/Block Your Debit Card Online Via App Or NetBanking.

Note - This Update Is Purely For Those Who Have Never Done Any Online Transaction Via Their Debit Card.