Bank Of Baroda Visa Platinum - Benefits, Charges and Eligibility

Bank Of Baroda Visa Platinum Overview

Bank of Baroda invites you to experience the joy of Bank of Baroda VISA International Chip Debit Card.

Bank Of Baroda Visa Platinum Features

  • It is an International Debit Card.
  • Premium category of Debit Card having higher per day limits.
  • Cash withdrawal limit is up to Rs 1,00,000/- per day from an ATM
  • Purchase limit of Rs. 2,00,000/- per day at POS and E-Commerce.
  • Bank of Baroda Interconnected ATMs spread across major centers in the country.
  • Member banks of National Financial Switch having more than 1,18,000+ ATMs in the country.
  • VISA member Bank ATMs all over the world bearing VISA logo.
  • For convenient shopping, dining out at millions of outlets accepting VISA Cards worldwide.
  • Make online purchase through internet.

Bank Of Baroda Visa Platinum 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 Platinum 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 Platinum 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 Platinum 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 Platinum 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.