Bank Of Baroda Rupay Classic Card - Benefits, Charges and Eligibility
Bank Of Baroda Rupay Classic Card Overview
Bank of Baroda (BoB) is a Public Sector Bank in India which provides International banking and financial services. It is headquartered in Vadodara. It is the second largest public bank in India. The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on July 20 1908 in Vadodara. It has total assets of appox. Rs.358 crores, a network of 5538 branches in India & abroad and 10441 ATMs as of July, 2017.
Bank Of Baroda Rupay Classic Card Features
- It can be used only with PIN hence a more secured debit card.
- No threat of card misuse when lost/stolen.
- Card would be accepted only at secured PIN based POS terminals.
- Cash withdrawal limit at ATMs is Rs 25,000/- per day.
- Spend limit at merchant outlets (POS) is Rs 50,000/- per day.
- Available to all customers eligible for debit card issuance.
- Bank of Baroda Interconnected ATMs spread across major centers in the country.
- Member banks of National Financial Switch having ATMs across the country.
- For convenient shopping, dining out at outlets accepting RuPay Cards in India.
Bank Of Baroda Rupay Classic Card Eligibility
- Applicant's age should be at least 18 years
- Applicant needs to have a Current or Savings Account with the Bank
Bank Of Baroda Rupay Classic Card Fees & Charges
- The Card will be issued free of cost to primary and joint holders free of cost for the first year.
- From the second year onwards Bank will charge an annual fee of Rs. 100/- only for renewal of the card every year.
- Debit Card Renewal Charges : NIL
- Card Replacement charges (within India) : Rs. 200/-
- PIN Regeneration : Rs. 150/-
- Account overdrawn charges : Rs. 100/- per occasion
- Surcharges at Railway and Petrol Pumps : Rs.2.5% + Service tax (if any), on transaction amount or Rs.10/- whichever is higher.
- VISA / Master Card/ RuPay affiliated ATMs (Abroad) : Cash withdrawal:- Rs.400/- per Cash Withdrawal Balance Inquiry: Rs.75/- per Inquiry
Bank Of Baroda Rupay Classic Card Benefits
- Widely accepted debit card
- Round the clock cash withdrawal facility
- 24/7 customer care facility
- Add-on card benefits available
- Highly safe and secure transactions
Bank Of Baroda Rupay Classic Card How to Apply
- Contact your Branch.
- If you don't have saving or Current Account, first open your account.
- Get the Debit Card Application form from the Branch, fill it up and submit it to your Branch.
- You will receive your Insta Debit Card & PIN (Personal Identification Number) at the time of submission of the application form.
- In case of named Debit Card, the card will be delivered to the customer's residential address. The PIN will have to be collected from the respective Branch.
- The customer has to activate the Insta Debit card after 24 hours from the receipt of the card by withdrawing cash from Dena Bank ATM.
Bank Of Baroda Rupay Classic Card Documents Required
- Proof of Identity : Aadhaar Card/ PAN Card/ Passport Driving License/ Voter ID Card
- Proof of Address : Aadhaar Card/ Driving License/ Ration Card/ Voter ID Card/ Passport
- Passport sized photographs
What is EMV-Chip Based Debit Card?
EMV stands for Europay MasterCard and Visa, who developed this technology. EMV-chip based debit cards are the debit cards which have embedded microprocessor chip that stores and protects cardholders' information/ data. It uses enhanced security features to protect the important date of the card holders and discourages card's unauthorized usage.
EMV-chip based debit card generates fresh user data every time the user transacts. Therefore, it is impossible for hackers/ fraudsters to steal the information or copy the original data from any card. Further, EMV technology uses your debit card as well as PIN to complete any transaction.
The Reserve Bank of India (RBI) has asked all banks in the country to replace magnetic-strip debit/ credit cards with EMV-chip based cards by 31 December 2018 as magnetic cards are quite vulnerable to skimming. Banks have already replaced the existing magnetic strip debit/ credit cards with latest EMV chip cards. Banks will provide it free of cost.