DCB Bank launches India’s first Aadhaar-based ATM
DCB Bank has launched an India’s first of its kind Aadhaar-based Automatic Teller Machine (ATM) usage facility.
Currently, this ATM has been placed in pilot site at DCB Bank at Peninsula Business Park, Lower Parel, Mumbai.
Key facts
- Under this facility, DCB customers can transact using his biometric details instead of the PIN. Thus it is a cardless and PIN less ATM.
- The ATM will dispense cash from the bank account by accepting Aadhaar number and Aadhaar fingerprint (biometric) of the customer instead of ATM/Debit Card and PIN.
- The customer can swipe the card at an ATM or key-in the 12-digit Aadhaar number to start a transaction.
- But at the stage of confirming the identity, it requires biometric details rather than the PIN.
Related Posts
Month: Current Affairs - April, 2016
Topics: Aadhar • Banking • DCB Bank
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Comments
Pooja
Is it safe? As Adhaar Card no is used everywhere. In my opinion it can hit the Security reasons.
shankar
yeah its safe …bt may b nt 100%
Pooja
Is it safe? As Adhaar Card no is used everywhere. In my opinion it can hit the Security reasons.
shankar
yeah its safe …bt may b nt 100%
Atul09
Without using your finger print it will not dispense the cash. So actually you are doing a 2 step Security check which is an safer option.
Now the only concern over here is if someone takes the impression of your finger prints on some material and then places on this system will it accept that or not.
I hope they have taken care of such breach…
Atul09
Without using your finger print it will not dispense the cash. So actually you are doing a 2 step Security check which is an safer option.
Now the only concern over here is if someone takes the impression of your finger prints on some material and then places on this system will it accept that or not.
I hope they have taken care of such breach…
Megharaj
super it’s amazing
Megharaj
super it’s amazing
shankar
wow its really awesome …
shankar
wow its really awesome …
kanchan sungh
yes its really safe cause if anybody lose its card or it has been theft by anyone .nobody use it without fingerprints
kanchan sungh
yes its really safe cause if anybody lose its card or it has been theft by anyone .nobody use it without fingerprints