What if you lose your mobile? The best thing about BHIM App is its security features. Even if you lose your phone and someone has access to it, you still don’t have to worry about it as long as that person does not know your set UPI PIN.
UPI PIN is required to authenticate all the money sending transaction using the bhim app. So in case of mobile theft the person who have stolen your mobile won’t have your UPI PIN to transact using your bank account in Bhim App. Therefore, your details are money is complete safe even when you have lost your mobile phone.
Having said that, in case of lost mobile you should immediately contact your bank and inform them about it. Also, you need to lodge a complaint in your area’s police station regarding losing your phone.