Vijaya Bank Rupay Aaadhar Card - Benefits, Charges and Eligibility
Vijaya Bank Rupay Aaadhar Card Overview
Rupay Aaadhar Card is specially designed as a non-photo card launched in association with Rupay a Domestic payment brand promoted by NPCI. The Debit card is prepared in such a way that it can be linked with the Aaadhar number of the card holder so that future card authorization can be based on the bio metric data stored with the Aaadhar Authority in place of the PIN , which is presently being used as key to authorize the ATM and POS usage.
Vijaya Bank Rupay Aaadhar Card Features
- Rupay Aaadhar Card is issued for a validity of 5 years
- It is specially designed as a non-photo card launched in association with Rupay a Domestic payment brand promoted by NPCI
- It is issued to the customers having Financial Inclusion account at Vijaya Bank
Vijaya Bank Rupay Aaadhar Card Eligibility
Rupay Aaadhar Card is issued to the customers having Financial Inclusion account with Vijaya Bank and is linked to No frill account of the customer.Vijaya Bank Rupay Aaadhar Card Fees & Charges
- Charges for issuance of Card : Rs. 150/- plus applicable taxes
- Second Year Onwards Annual Fee: Rs. 100/- plus applicable taxes
- Regeneration of PIN: Rs 50/- plus applicable taxes
- Replacement/Re-issue of Lost/Damaged Card: Rs 150/- plus applicable taxes
- Cancellation charges (if cancelled during first year of card issuance): Rs. 100/- plus applicable taxes
- Hotlisting charges: Rs 50/- plus applicable taxes
- Mark Up Charges for each POSP transaction at Petrol Pumps: 2.5% + GST
- Mark Up Charges for each POSP transaction at Railway Bookings: 2.5% + GST
Vijaya Bank Rupay Aaadhar Card Benefits
- Rupay Aaadhar Card is issued free of charge for FI accounts
- The cardholder can withdraw cash from all the ATMs of our bank and other bank's Rupay Branded ATMs
- The Aaadhar Debit card also can be used at merchants for the purchase of items
Vijaya Bank Rupay Aaadhar 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.
Vijaya Bank Rupay Aaadhar 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.