New Delhi. Many banks in India are providing the facility of withdrawing money from ATM machines without using ATM/Debit Card. However, mobile number and PIN are required for this. But just imagine what it would be like if money starts getting withdrawn without the help of ATM card and mobile? Yes, DCB Bank has started this facility in the year 2016 when the bank installed the country’s first Aadhaar based ATM in Mumbai. Under this system, the bank account holder is identified through his fingerprint, retina scan etc. Currently, DCB Bank is providing the facility of fingerprint authentication on its ATM machines.
DCB Bank ATMs have the facility of Aadhaar based authentication
If you too go to the ATM next time and have forgotten to take the card, then there is no need to worry. Don’t think, the rapidly changing technology has made this possible. This facility is available in the ATMs of private sector Development Credit Bank (DCB Bank) in India. Actually, the facility of Aadhaar-based Authentication is available in the ATMs of DCB Bank, with the help of which any customer of the bank can withdraw money without an ATM card.
Identification of account holder by fingerprint
However, for this facility, it is necessary that the customer’s account is linked to the Aadhaar number. These days, most customers’ bank accounts are linked to the Aadhaar card. DCB Bank customers will not need to take the card to the ATM machine. The account holder will be identified only by fingerprint.
What is biometric system?
Biometric system is a method of registering identity. Under this system, the bank account holder is identified through his fingerprint, retina scan etc. Currently, DCB Bank is providing the facility of fingerprint authentication on its ATM machines.
This facility is available in Aadhaar based ATM
Aadhaar based ATMs have the facility that the bank’s customers can withdraw money from the ATM through Aadhaar number and fingerprint authentication. DCB Bank has started this facility in the year 2016 when the bank installed the country’s first Aadhaar based ATM in Mumbai.
Tags: ATM transactions, Bank
FIRST PUBLISHED : November 3, 2020, 07:36 IST