Home Technology New SIM card rule! If you are doing online banking, be...

New SIM card rule! If you are doing online banking, be careful, otherwise you will have to bear the loss

Authored by Parth Shah | I am Gujarat | Updated: 16 Nov 2022, 5:51 pm

Keeping in view the ever increasing cases of SIM swapping in the country, the new SIM card rule has been introduced. At present new SIM is issued by stealing the personal data of the customer. After which the old SIM is switched off without the customer’s knowledge. The government has implemented a new SIM card swapping rule to prevent online banking fraud by getting OTT from the same new SIM.

New SIM card rule

Highlights:

  • New rule for new SIM cards by Department of Telecom
  • The rule was made keeping in mind, among other things, banking fraud
  • Verification SMS will be sent to old number for new SIM activation
New Delhi:Department of Telecom(DoT) A new rule has been implemented in SIM cards by It is very important for online banking users to know. In fact, the government has introduced a new rule in SIM cards aimed at preventing bank fraud through SIM cards. Under this new rule, DoT has directed telecom companies Airtel, Jio, Vi, BSNL and MTNL to stop incoming and outgoing SMS facility for 24 hours after the new SIM is activated. DoT has ordered all telecom companies to implement this new rule within 15 days.

Keeping in view the ever increasing cases of SIM swapping in the country, the new SIM card rule has been introduced. At present new SIM is issued by stealing the personal data of the customer. After which the old SIM is switched off without the customer’s knowledge. Incidents like banking fraud are carried out by getting OTT from the same new SIM. In such a situation, DoT ordered the telecom companies to send an SMS to the customer’s old number within 24 hours of the activation of the new SIM, whether the new SIM has been upgraded or requested to be upgraded? If the customer rejects the request for a new SIM. Then the new SIM will not be activated.

The country is witnessing a steady increase in digital transactions. However, banking fraud is an obstacle in the digital path. It has been seen in several incidents that major banking frauds have been committed through SIM swapping. In such a situation, the government has instructed all the telecom companies to implement the new rules within 24 hours to follow the rules made for SIM activation.

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