Your ATM / Credit Card will be deactivated - Read here
RBI has taken a key decision on ATM Debit Card or Credit Card have taken newly. Reserve Bank of India has clarified that the cards ( ATM Card/Debit Card or Credit Card ) taken recently from banks and not using will work no more. RBI says this is for the safety of the customers. So Reserve Bank of India suggest the customers to activate the cards immediately and use for some times to keep active. This is applicable to the Cards recently taken. The cards which are already in use will be active.
RBI has taken a key decision on ATM Debit Card or Credit Card have taken newly. Reserve Bank of India has clarified that the cards ( ATM Card/Debit Card or Credit Card ) taken recently from banks and not using will work no more. RBI says this is for the safety of the customers. So Reserve Bank of India suggest the customers to activate the cards immediately and use for some times to keep active. This is applicable to the Cards recently taken. The cards which are already in use will be active.