Check Book Rule: Every one of us keeps whatever we earn safe in our bank account. Most people have one bank account or some have two or more accounts. Some keep their salary in one bank account and use one bank account for special savings. Each of those bank accounts has a debit card and a checkbook. But just imagine what happens if your checkbook is ever lost or stolen?
You might be wondering what the maximum will be. But what you may not know is that if your checkbook gets lost, you can suffer a huge financial loss. If the lost passbook falls into the wrong hands, they can misuse your signature and withdraw money from your bank account. What would you do in such a situation? Let’s understand the same through a detailed question and answer…
Q: What to do if checkbook is lost?If your checkbook is lost or stolen, notify your bank immediately. The sooner you inform the bank, the less the risk of loss. As per rules, you can save yourself if you inform the bank.
Q: What methods can be useful?You can block your checkbook through bank app, Where you can find options like stop payment or checkbook services. You can use them too.
Q: Do I have to submit a written application to the bank?If your bank app doesn’t have a checkbook facility, you You can go to your bank branch and meet the concerned officer.
You can then submit a written application stating that you want your checkbook blocked.
Q: Why do I need to contact customer care?You can also contact your bank’s customer care if you need information about the same. Every bank has a customer care number which you call and explain your situation and you are suggested options to that situation. Like reporting your checkbook lost or stolen In such cases, customer care blocks your checkbook as per your request.
This way you can save your hard earned money by doing this process. And you can protect yourself by being vigilant. So be alert and keep your hard earned money safe.
