Do these things before December 31 or your debit-credit cards will be blocked 

New Delhi: npnews24 Online – If you do not change your old debit-credit card by December 31, your card will be blocked. The bank is going to close cards with magnetic stripes. The deadline to replace the card as per RBI directive is 31st December 2019. This step is being taken to protect the debit and credit card details of the customers. The bank has stopped making such cards, replacing the EVM chip card. All old cards will be replaced with new chip cards.
In 2016, the RBI had instructed all banks in 2016 to replace ordinary magnetic stripe cards with chip cards from customers. Its deadline was given on 31st December 2019 and replace old cards. Customers have been informed to replace their old cards. According to Central Bank data, there are 44. 2 million active credit cards and 958.

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