Bank of Baroda Reloadable Card Physical Variant – Benefits, Fees & Eligibility

Introduction

The Baroda Reloadable Card Physical Variant, issued by Bank of Baroda, is a versatile prepaid card designed for convenient and controlled spending. Positioned as a reloadable EMV chip card, it offers the flexibility of multiple reloads and instant activation. Key differentiating benefits include its wide acceptance at RuPay merchant outlets and websites across India, the ability to withdraw cash from ATMs, and access to a 24x7 customer care team.

Welcome Benefits

• A beautifully crafted welcome kit is provided to the purchaser, containing the physical card, a welcome letter, a PIN mailer, and the Terms & Conditions.
• The Baroda Reloadable Card is offered in a sealed Welcome Kit.

Fees

• Issuance Fee: Rs. 100
• Annual Maintenance Fee: Nil
• Reload Fee: Nil
• Replacement Card Fee (in case of lost/stolen/damaged): Rs. 100
• Revalidation Charges (in case of expired card): Rs. 100
• ATM Withdrawal Fee: Rs. 20 (applicable for Bank of Baroda ATMs also)
• ATM Balance Enquiry Fee: Rs. 10 (applicable for Bank of Baroda ATMs also)
• Note: All charges are exclusive of GST and are subject to change at the discretion of the Bank.

Rewards

• The card is usable at RuPay card accepting merchant outlets and websites across India.
• Cash withdrawal at ATMs is permitted.
• It can be used at ATMs, Point of Sale (POS) terminals at any RuPay certified merchant establishment in India, and E-commerce/Online platforms.

Rewards Redemption Guide

• Card usage is restricted to the amount loaded on the card.
• The card can be used for online shopping, POS transactions, and ATM transactions.
• For cash withdrawals at an ATM, customers must choose the 'Savings' option for a successful transaction.
• To surrender the card and obtain a refund of the balance, customers may withdraw or utilize the funds to bring the card balance to zero, then submit the card to the issuing branch along with a surrender request.

Card Eligibility Criteria

• The Baroda Reloadable Card can be purchased by both existing Bank of Baroda account holders and non-Bank customers.
• Any person wishing to purchase a card can visit any Bank of Baroda branch and purchase it over the counter.
• All KYC compliant operational accounts are eligible for purchasing the Baroda Reloadable Card.
• Eligible Account Types:
  • Savings accounts (all scheme codes)
  • Current accounts (all scheme codes)
• In accounts with multiple holders, multiple cards can be issued, with one card per account holder.
• For corporate customers, there is no limit on the number of cards per account, provided Full KYC of the beneficiary/cardholder is furnished by the corporate.
• Both the Card Purchaser and beneficiary details are mandatory for card issuance.

Card Review

The Baroda Reloadable Card Physical Variant is an excellent choice for individuals and corporates seeking a straightforward, secure, and reloadable prepaid card for managing expenses within India. Its primary strength lies in its broad acceptance across RuPay networks for online, POS, and ATM transactions, coupled with the convenience of multiple reloads and instant activation. The absence of annual or reload fees makes it cost-effective for regular use. However, users should be aware of the issuance, replacement, revalidation, and ATM transaction fees. It is ideal for those who need a controlled spending instrument, wish to provide funds to others, or prefer not to link a traditional bank account for daily transactions, especially since it doesn't require an existing Bank of Baroda account. The card's limitation to INR and India-only usage should be considered.

Important Product Details

• This is an EMV chip card variant.
• It is issued in Indian Rupees (INR) only and can be used exclusively in India.
• The minimum amount that can be loaded on the card is Rs. 100.
• The maximum amount permitted in a card at any point in time is Rs. 1,00,000.
• The card can be reloaded multiple times before its expiry date, subject to the maximum balance limit.
• Cards are valid for a maximum period of 36 months from the date of issuance or the date of expiry mentioned on the card, whichever is earlier.
• The card is activated in real-time upon receiving funds and the application form.
• SMS alerts are provided for activation, reload, expiry, and all transactions.
• Cardholders have access to a 24x7 customer care team and a customer self-service portal for viewing card balance, transaction details, and PIN generation.
• The card PIN can be changed at all Bank of Baroda ATMs.
• Balance transfer from one Baroda Reloadable Card to another is not permissible.
• In case of a lost or misplaced card, immediate reporting to customer care will hotlist the card to prevent unauthorized usage.
• A temporary lock/block facility for the card is available via the customer self-service portal.
• Transaction statements can be viewed anytime on the customer self-service portal.
• The maximum daily ATM withdrawal limit is Rs. 25,000, with a per transaction limit of Rs. 10,000.
• The card can be swiped for up to Rs. 1,00,000 in a day at merchant outlets, subject to available balance.
• PIN re-issuance can be done by visiting a Bank of Baroda branch or by re-generating the PIN through the customer self-service portal, which will be delivered to the beneficiary's registered email ID in a secured PDF.
• Over-the-counter cash withdrawal from the bank using the Baroda Reloadable Card is not permitted.
• An alert SMS is sent 45 days before the card's expiry to prompt utilization of funds.
• Upon card expiry, customers have the option to revalidate the card, or remaining funds can be transferred to the linked account upon customer request.

Other Details

• A 24x7 customer care team is available for assistance.
• Customer self-service portal for card management: https://bobprepaid.yappay.in
• Toll-Free Numbers (Domestic): 1800 5700, 1800 5000, 1800 1039 586
• Toll-Free Number (For Domestic Customers Calling From Abroad): +91 79-66296009
• Email for disputes: bobsupport@yappay.in
• Do's:
  • Ensure you sign on the signature panel on the back of the card immediately upon receipt.
  • Change or memorize your PIN and destroy the PIN Mailer.
  • Make a separate note of your card number and customer care number for emergency use.
• Don'ts:
  • Do not write your PIN Number on the card.
  • Do not swipe the card at unauthorized or suspicious places; always look for the RuPay logo at Point Of Sale machines.
  • Do not swipe your card if the merchant does not have an electronic point of sale card swiping terminal, as any non-electronic usage will be deemed unauthorized.
• The Bank may utilize the services of agents for sales and marketing of its products.
• Information regarding the use of cookies, privacy policy, and terms & conditions is available on the bank's website.