Bank Of Baroda Visa Electron - Benefits, Charges and Eligibility

Bank Of Baroda Visa Electron Overview

Visa Electron Debit Card is an ideal choice for your requirement of performance, simplicity, flexibility. For securing hotel reservations, buying books online, or making everyday purchases Electron, offers value proposition, reliable form of payment.

Bank Of Baroda Visa Electron Features

  • Offering ease of shopping with spending limits of Rs. 50,000/- per day.
  • Allow cash withdrawal through ATMs for your immediate needs of Rs. 25,000/- per day
  • Secured with verification
  • A most acceptable shopping option
  • Bank of Baroda Interconnected ATMs in India.
  • Member Bank's ATM of National Financial Switch in India.
  • Make Online purchases through Internet.
  • For convenient shopping, travelling, dining out at many locations in India where Visa Cards are accepted with PIN based authorisations.

Bank Of Baroda Visa Electron 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 Visa Electron 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 Visa Electron 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 Visa Electron How to Apply

  1. Contact your Branch.
  2. If you don't have saving or Current Account, first open your account.
  3. Get the Debit Card Application form from the Branch, fill it up and submit it to your Branch.
  4. You will receive your Insta Debit Card & PIN (Personal Identification Number) at the time of submission of the application form.
  5. 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.
  6. 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 Visa Electron 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.