A debit card is a plastic card which allows the card holder to do electronic money transfer for purchase or direct transfer. On paying through a debit card money is directly deducted from the account of the cardholder. Debit cards provide convenience as they eliminate the hassle of carrying cash to make any purchase.
Updated: 05-02-2018 09:58:24 AM
Bank of Baroda (BoB) is the second largest Indian bank and has its headquarters located in Vadodara. BoB is a state-run banking and financial services organization founded in 1908. The total asset valuation of the bank amounts to over Rs 3.58 trillion.
The bank was ranked 801 on the Forbes Global 2000 list. Bank of Baroda is present worldwide through its network of branches, ATMs, and subsidiaries. It is located in countries such as the US, the UK, UAE, Australia, New Zealand, Belgium, Hong Kong, Mauritius, Singapore, China, New Zealand, and many more.
Bank of Baroda caters to a huge client base of both corporate and retail customers. The bank has a host of financial products and services which cover private banking, corporate banking, consumer banking, finance, insurance, investment banking, mortgage, loans, credit cards, private equity and wealth management.
The bank has introduced many PIN and EMV Chip based debit cards in collaboration with Rupay, VISA, and MasterCard. The Bank of Baroda debit cards can be used for various purposes such as cash withdrawals from 6900+ ATMs, purchases at online and offline shopping outlets, and other merchant outlets.
Bank of Baroda debit cardholders can make up to 3 transactions for free every month. For making any transaction after that, customers are charged up to Rs 20. However, in non-metro cities, the bank allows up to 5 transactions for free.
Why use a Bank of Baroda Debit Card?
Bank of Baroda offers a wide range of debit cards that provides cashless banking experience. Debit card holders are eligible for various deals, offers, discounts on purchases from various merchants. All the debit cards are PIN and CHIP based to ensure secure transactions. The bank has 6900+ ATMs across the country to provide easy cash withdrawal facility.
Types of Debit Cards provided by Bank of Baroda
VISA Electron Debit Card
This Visa Electron debit card is the best as all its features are based on flexibility, performance and simplicity. The card allows cash withdrawal up to Rs 25,000 per day and offers ease of shopping with maximised purchase limit.
Baroda Master Card
The bank ensures maximum security in debit card transactions to increase customer confidence. The Baroda Maestro card is an international debit card which can be used when travelling in India or abroad.
Baroda Master Card ‘Combi’ Gold
It is a Gold Master Card especially designed for the premium customers of Bank of Baroda. The card has special features tailored to help cardholders meet their requirements. Master Card ‘Combi’ Gold provides hassle-free experience of online shopping through its secured transaction process.
VISA EMV Chip Debit Card
It is a special debit card for all the reputed clients of Bank of Baroda. The card has higher cash withdrawal limit and purchase limit than its other debit cards. The card also has various other features such as travel assistance, promotional offers, and reward points.
RuPay Classic Debit Card
It is a secured debit card that can be used with PIN only. This ensures more secured transaction experience. The card will only be accepted on entering the registered PIN at PIN-based POS terminals. The maximum cash withdrawal limit is Rs 25,000 per day.
RuPay Platinum Chip
This debit card is designed to provide various discounts and offers such as 25% cashback on train booking, 5% cashback on utility bill payments, zero fuel surcharges and an insurance cover of up to Rs 2 lakh.
Key features of Bank of Baroda Debit Card
| Debit Card | Transaction Limit | Important Feature | |
| Purchase Limit | Cash Withdrawal Limit | ||
| VISA Electron Debit Card | Rs 50,000 per day | Rs 25,000 per day |
|
| RuPay Platinum Chip | Rs 1 lakh per day | Rs 50,000 per day |
|
| Baroda Master Card | Rs 1 lakhs per day | Rs 50,000 per day |
|
| RuPay Classic Debit Card | Rs 50,000 per day | Rs 25,000 per day |
|
| Baroda Master Card ‘Combi’ Gold: | Rs 50,000 per day | Rs 25,000 per day |
|
| VISA EMV Chip Debit Card | Rs 2 lakh per day | Rs 1 lakh per day |
|
Important Dos and Don’ts of a Debit Card
Dos:
- Keep you debit card PIN secret.
- Keep your netbanking password easily to remember but hard to guess.
- Before making any transaction, ensure that the merchants are verified by VISA, MasterCard or RuPay.
- If case you lose your debit card, immediately inform the nearest Bank of Baroda branch to block the services of your card and apply for a new one.
- Use you debit card for every transaction to enjoy maximum benefits associated with it.
Don’t:
- Do not share your CVV number.
- Do not tamper the black coloured magnetic strip behind your debit card.
Documents required to apply for a Debit Card
- Ration Card
- Aadhaar card
- PAN Card
- Driving License
- 4 - Passport sized photographs
How to apply for a Debit Card
Online:
- Visit Paisabazaar.com website and click on the Savings Account section.
- Fill in the required details:
- Full Name
- Current Residence
- Employment Type
- Gross Monthly Income
- Date of Birth
- Email ID
- Mobile Number
- Proceed to unlock best offers on savings account and debit cards.
- Select the most suitable account based on your needs and click ‘Apply’.
- You will be further redirected to a new application page for the specific account.
- Enter the required details and the OTP that you will receive on your mobile number and click ‘Submit’.
Frequently Asked Questions About Bank of Baroda Debit Cards
What is CVV2?
Card Verification Value is a three-digit number printed on the backside of a debit card. It is a very important security feature for online transactions as it enhances fraud protection.
How to secure Bank of Baroda Visa Debit Card transactions?
The cardholder using Bank of Baroda debit card should sign up for Verified by VISA which will enable him/her to make secured online transactions.
How to receive OTP before making any transactions?
OTP is an auto-generated password which you will receive only if your mobile number is registered with the bank, along with your details.
What is a RuPay Debit Card?
It is a debit card for domestic transactions as it can be used only in India and RuPay enabled ATMs and POS terminals. RuPay cards have higher cash withdrawal and purchase limit.
In case my money is wrongly debited, how soon will the bank recredit my money back to my account?
If your money from the account has been wrongly debited, due to any reason, then the bank will take about 12 working days to recredit the money. However, if the bank takes more than 12 working days, then the accountholder is eligible to get Rs 100 per day from the 12th day onward.
What if I lose my Bank of Baroda Debit Card?
In case you lose or misplace your debit card, then immediately inform the nearest Bank of Baroda branch. Your debit card will be blocked on your request and the bank will issue a new debit card with new PIN.
How to secure the online shopping transactions made by my Bank of Baroda VISA debit card?
If you are a VISA debit card holder, then you must sign up for Verified By VISA process of transactions. It is a secured online payment process that gives the flexibility to make secure online transactions.
What are the offers and deals on a Bank of Baroda Debit Card?
Bank of Baroda has many deals and offers for card holders irrespective of whether they are VISA, Maestro, or MasterCard. The Bank of Baroda debit card holders are entitled to discounts on dining bills, shopping, travel tickets and movie tickets.
Which card has the maximum transaction limit?
Bank of Baroda offers RuPay EMV Chip Debit Card which has a higher purchase limit of Rs 2 lakhs and cash withdrawal limit is Rs 1 lakh, based on the account balance. This debit card is also PIN and CHIP enabled to ensure secured transactions.