DCB bank lets users use Aadhaar to confirm identity

Q.  Which is the first domestic bank that has an Aadhaar-based ATM usage facility wherein a customer can transact using his biometric details instead of the PIN?
- Published on 04 Apr 16

a. DCB Bank
b. UCO Bank
c. SBI Bank
d. IDBI Bank

ANSWER: DCB Bank
 
The user can key-in the 12-digit Aadhaar number or swipe the card at an automated teller machine (ATM) to start a transaction, but at the stage of confirming the identity, it requires biometric details rather than the PIN. The bank account must have the Aadhaar number in it.
  • Enrolments under Aadhaar are set to cross the 100 crore mark soon.
  • The data is being used for a slew of purposes like opening bank accounts and the government’s direct benefit transfer (DBT) scheme.

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