DCB Bank has been launched an India’s 1st of its kind Aadhaar-based Automatic Teller Machine usage facility. Currently, this ATM has been placed in pilot site at DCB Bank at Peninsula Bussiness 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 the accepting Aadhaar number & Aadhaar fingerprint (biometric) of the customer instead of ATM/Debit Card & PIN.
- The customer can swipe the card at an ATM and 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.
DCB Bank launches India’s 1st Aadhaar based ATM
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