Financial Services: Updating your new number across bank accounts, UPI apps, credit cards, and other financial accounts is essential after changing your mobile number. Negligence in doing so can disrupt services like OTPs, bank alerts, and online payments.

Mobile Number Update: If you have recently changed your mobile number, simply informing friends and relatives isn't enough. Nowadays, people extensively use banking, UPI, and credit card services, all of which are linked to their registered mobile numbers. Failing to update your new number promptly can lead to the suspension of critical services such as OTPs, bank alerts, and online payments. Therefore, updating your mobile number across all financial accounts after acquiring a new SIM card is vital. Let’s look at the places where you must update your new number.

Update the new number in your bank account first.

If you have obtained a new number, update it in your bank account immediately. Banks typically send OTPs, transaction alerts, internet banking login details, and debit card verification information to the number registered with the account. If you do not update the new number, the old one remains on record, potentially causing significant difficulties in using banking services.

Update UPI apps and card details as well

Updating the number with your bank alone is insufficient; UPI apps like Google Pay, PhonePe, Paytm, and BHIM also operate based on the mobile number registered with your bank. Consequently, failing to update the new number could hinder your ability to send or receive money.

Additionally, it is crucial to update your new mobile number for credit cards, Demat accounts, mutual funds, share trading platforms, and other investment accounts. Do not forget to update the number for insurance policies, home loans, personal loans, or other financial services as well. This ensures you continue to receive timely notifications regarding EMIs, premiums, and other important information.