Bank Of India Dhanaadhaar Card - Benefits, Charges and Eligibility

Bank Of India Dhanaadhaar Card Overview

It had begun its operations in Mumbai with a paid-up capital of Rs.50 lakh and 50 employees. Now it has a strong national presence with over 5000 branches and also has sizable international operations with 60 branches/ offices and 5 Subsidiaries and 1 joint venture abroad. Presently Bank has overseas presence in 22 foreign countries spread over 5 continents.

Bank Of India Dhanaadhaar Card Features

• Debit card issued on Rupay platform with the UID number given by Government of India
• Biometric Authentication through UIDAI for micro ATM and pin based authentication on ATMs
• It is having the Card Holders Photo

Bank Of India Dhanaadhaar 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 India Dhanaadhaar Card Fees & Charges

Please contact your branch

Bank Of India Dhanaadhaar Card Benefits

• It has Domestic validity
• Can be used in any of the ATM and POS
• Biometric Authentication through UIDAI for micro ATM
• Card Holders Photo on the card
• Inbuilt enhanced security feature because of an embedded EMV chip and PIN number
• Offers a daily withdrawal limit up to Rs 50000 from ATMs

Bank Of India Dhanaadhaar Card 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 India Dhanaadhaar 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.