BSNL is offering the solution, Msecure, in association with Beyond Evolution.
"Through Msecure solution user can remotely manage data contained in his or her lost mobile handset," BSNL Director for Consumer Mobility Anupam Shrivastava said in a statement.
The application will also provides complete call log details of the lost mobile at pre-determined intervals to emergency number feeded in the mobile.
Through the application, user will be able to remotely lock device, erase data and track location of the lost device.
The application will send the location details through SMS to the emergency number. The application also allows a user to remotely raise an alarm on the lost or misplaced device.
"Security of mobile handsets has become a cause for concern owing to important data stored in it. Loss or theft may leads to unauthorised access and possible misuse of such data," BSNL said.