Response

If just passbook has been stolen, then there is nothing to worry. With just a passbook, no one can steal your money. But, you should inform this matter to your Bank immediately and apply for issuing a new passbook. That’s it!

Yes it can be misused so you have to give forst information to ur bank so tht they can take action against it and secondly u have to do a written complaint in police station so if in future something has been done then u have a proof of it that u have filled a complaint against it.

You passbook is an unquestionable record of transactions between a bank and the customer and it cannot be falsified in any condition. Losing a passbook can result in great trouble as anyone can misuse your account details and personal details. This can lead to theft and other types of financial frauds.

If you lost the passbook, you must notify the bank immediately and request to replace it. It will take around 15-20 minutes to issue a new passbook with details printed on it. Make sure to check the details printed on it. If there are any errors, correct it immediately.

While taking out money from your account using the bank’s withdrawal form, it’s mandatory to have a bank passbook. … So, no one else can withdraw money from your account unless you give a written consent authorising another person to withdraw cash on your behalf.

Reference: No Particulae laws

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LAWAYZ-2023-664