प्रीपेड कार्डस्

A prepaid card is an instrument used to pay for purchases made on merchant websites or offline stores. It is a digital banking product that facilitates the gap of physical cash. As the name suggests, a prepaid card is a pre-loaded card to ensure convenience in simple banking.

You can apply for Bank of Baroda prepaid cards through bob World or the nearest branch.

Charges on prepaid cards are:

1. Issuance charges
2. Revalidation charges (yearly or as per the details mentioned while issuing the prepaid card)
3. Replacement charges in case of theft or damage.

Prepaid cards are a pre-loaded instrument, which is used to pay at POS (point of sale) and websites (e-commerce).

At Bank of Baroda, we have 2 examples of prepaid cards.

1. Baroda Reloadable Card Physical Variant
2. Gift Card (Physical variant)

You can add or reload money according to your convenience with the help of customer self-service portal. The team is available 24x7.

In such scenarios, the outstanding balance (except for Gift Card) is transferred back to the bank account after the card has been surrendered to the bank.

You cannot withdraw cash using a prepaid card. To be precise, Gift Card (both physical and virtual variant).

If you have a reloadable card, you are allowed to withdraw Rs. 100,000/- per day basis the availability of balance in the prepaid card.

No. You cannot deposit a prepaid card.

No. To apply for a prepaid card, you need to complete your KYC as stated by the bank and the said prepaid card will be issued to you after verification.

No. Prepaid cards do not require a social security number (SSN).