Steps to be Taken if Your Wallest is Lost

It is advised that the first step after losing a wallet is to register an FIR at a nearby police station. At most times, a wallet contains valuable credentials such as credit and debit cards, PAN cards, driving license and other valuables.

Some individuals avail a wallet care plan to handle financial losses arising from such situations. However, here are some steps you can take if you lose your wallet without any of these financial backings.

Block all your cards

After lodging an FIR report, you should list all your debit and credit cards and inform the respective financial institutions about their loss. Before you apply for a replacement card, you can report any unauthorized transactions from your card as well.

You can also consider purchasing an insurance policy, such as the Wallet Care plan. It enables you to quickly block all your cards along with various other benefits if your wallet gets stolen.

Applying for a new PAN Card

Apply for a new PAN card if you lose the previous one. Doing so requires a lot of paperwork. You can visit the official website regarding the steps you need to take to initiate the process.

Duplicate your Driving license

The process of duplicating a driver license is considered as a lengthy process. The local Regional Transport Office is responsible for issuing a duplicate driving license. You can consult them regarding the necessary documents required to apply for the procedure.

Notify subscriptions services

If you have any active subscriptions, then it is advised that you inform the services about your loss. Some services are known to charge fines if payments are not made on time.

You must avail a wallet care plan beforehand as it offers various advantages that make it easier to block your cards and financially secure against fraudulent transactions.

Read Also: Lost your Wallet? Immediate Steps to Take

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