Are you not getting your ATM card sent by the bank? If that’s the case, don’t worry we have got you covered.
First of all, let me brief you about an ATM card. Then I will point out why you are not getting your ATM card after you have applied multiple times in your bank.
ATM card is a very useful financial tool available in every bank. It’s also known as plastic money. Banks have a variety of cards, you can choose as per your need.
The uses of ATM cards are numerous. All kinds of transactions can be done. Whether it’s for bill payment or just cashing out either at banks or at ATMs.
State Bank of India has a variety of cards. To name a few, you have an SBI platinum card, a Gold card and a domestic card which has lower limits.
There are ways you can apply for ATM cards. People usually go to the bank for applying, but do you know it can be applied online too?
For applying online you need to have internet banking access.
Applying for an ATM card is quite easy, all you do is go to your bank and apply by filling out the application form. Or go online if you have access.
But we are talking about the reason why your card is not getting delivered to you, even after you have applied multiple times. You would want to find out what might cause such an incident to occur.
What would you do to procure it? What are the things you need to be aware of? How do you fix the issue? In short, let me share with you some points which are worth knowing before you go for it.
Fixing the problem!
- First of all, see if your account is KYC compliant as per RBI guidelines. It’s one of the basic things which banks normally update at a regular intervals of time.
- Verify your address whether it’s properly given or not. Check the state PIN code. Your correspondence address must be precise otherwise you will not get your ATM card.
- See if your mobile number is properly fed into the system. Confirmation and status of your card will be delivered to your registered mobile number. It helps track your card status.
- When was the last transaction you induced? The card can not be issued to an inoperative account. If your account is inoperative make it operative by submitting a proper KYC.
- Confirm you do not have any other active card linked to your account. If there are unused active cards in your account, a new card will not get issued.
Verify the above points in your account. If everything is proper, you should get your card within a few days. Normally it takes a week or so. If you are in a metropolitan city, you will get sooner than you expect.
Who can use an ATM card?
Everyone who has an account either a savings Bank or a current account can use an ATM card.
Banks normally provide ATM card facilities to account users who are
- Savings and Current Account in a single name
- A joint account where the account mandate is “Either or Survivor” Or “Former or Survivor”.
- Proprietorship account.
- Minor can use ATM cards with limited transactions. The limit differs from bank to bank. Minor accounts of SBI, both Pehla Kadam and Pehli Udaan have a cash transaction limit of only Rs 5000 per day.
ATM facility is not available to
- A joint account where account mandate is a joint operation.
- Partnership account.
- Companies and limited firm accounts.
- HUF account.
- A person with deft and dumb.
- Illiterate account holder.
- Non-personal accounts such as societies, SHG, NGOs, and trust accounts.
Some useful tips
Let’s agree on the fact that an ATM card is one of the most important tools for financial transactions. It is overloaded with huge benefits to the end-users. But, it does come with a few drawbacks too, which I would say is manageable.
Presently ATM card-related fraud is happening all across the globe. India is one such country where card fraud is on the rise and it’s happening at an unbelievable pace.
It’s one of the hottest topics amongst bankers. Even, somewhere across the globe, someone is trying to hack someone’s card as we speak.
Banks are trying to curb the matter related to card fraud. Prominent banks such as the State bank of India, ICICI, and HDFC have their complaint redressal system to tackle the matter smoothly.
Here are some tips which might be helpful
- Purchase online only from a genuine source.
- Change your PIN at regular intervals of time.
- Don’t write down your card credentials such as card number, CVV number or PIN to your passbook or any other. Please remember instead.
- Don’t let your card be used by someone even if it’s your family. If you want to you do it.
- Beware of the shopping mall while paying your bill.
- Set a use limit on your card.
- Online purchases rely mainly on internet banking rather than payment through a card. Internet banking is far safer than a card.
So, I guess, by now you must be having some idea why your card is not getting delivered to you. If you can find any of the reasons which I have mentioned here, you need to fix them right away and do reapply.
It’s easy to fix the issue if you put some time into it. A visit to your bank will do the trick, but you need to have a proper idea to address the issue.
If you have issues related to ATM card decline, you can refer to the ATM error code list.