Can i transfer money from debit card to bank account

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Important Links
money at your fingertips, all the time
Can I transfer money to bank account using debit card?
How do I transfer money from card to account?
Can we transfer money from debit card to bank account through ATM?

Key Benefits

We are pleased to introduce another customer centric initiative by launching Card to Card fund transfer on our ATMs. The facility is aimed to provide interbank fund transfer using existing debit card and ATM network in coordination with NPCI. By using this service, our customers would be able to transfer funds from debit card linked account to another, either in the same bank or other bank from any ATM of NFS member bank (10 banks) who have enrolled for this service.

Salient features of the facility

Instant Fund Transfer using debit card number of beneficiary
Beneficiary account number / IFSC not needed
Debit Cardholder can use any NFS member bank ATM (who have enrolled for the service) to transfer funds.
Cardholder authentication would take place using debit card and pin like ATM cash withdrawal.
Transaction is processed through existing NFS network.
Simple, secured and convenient to transfer funds
24 x 7 availability on all ATMs of Bank of Baroda

Fund Transfer Limit

Rs 5,000 per transaction and Rs.25,000 per month for remitter

Important Links

The card can be issued to Individual accounts holder/self-operated savings, current and overdraft accounts. For joint accounts, with operating instructions as ‘either or survivor’ and ‘any one or survivor’ the card can be issued to anyone or all the joint account holders.
Visa Platinum/Contactless.
Baroda VISA Vyapaar..
Master Card Platinum..
RuPay Platinum/Contactless..
RuPay Select..
Master Card World (Baroda Radiance).
As per recent guidelines, at the time of issue/re-issue/renewal, all the debit card will be enabled for use only at contact-based points of usage [viz. ATMs and Point of Sale (PoS) devices] within India. Existing cards which have never been used for online/international/contactless transactions shall be mandatorily disabled for this purpose. Now, to enable the channels, through BOB ATM/Baroda M-Connect Plus (Mobile Banking)/Baroda Connect (Internet Banking)/IVR.
Kindly use your card for first transaction on BOB ATM or Green PIN generation through BOB ATM/Baroda M-Connect Plus (Mobile Banking)/Baroda Connect (Internet Banking)/IVR and then try of online transactions.
Bank is issuing different types of Debit Cards in co-ordination with Visa, MasterCard and RuPay. To know the details of different card variants being issued by Bank, please refer to ATM/Debit Card section on our bank’s website Click
The fees are subject to change from time to time at the sole discretion of Bank/RBI etc. For service charges related queries, please refer to Debit Card section on our bank’s website. For charges, please Click here.
Yes, Rs. 200 + Tax is charged for replacement of damaged card/lost card.
A maximum of 9 accounts held in the same name and same capacity can be linked to a Debit Card. Please submit request for linking of multiple accounts on your Debit Card to your base branch.
Debit Card does not work on ATMs due to some of the following reasons:
Your debit card may be blocked.
You may not have swiped the card properly.
Your card might have got damaged/deteriorated due to which it is not accepted by ATM where the card reader may be weak. In such case you may try at another ATM and if still does not work, request for a new card to your branch/contact centre.
Your account may be inoperative or frozen at branch level due to some reason. Please contact your branch to know the account status.
You may be using the wrong PIN.
Connectivity from the ATM has failed. In such case please try after some time or use another ATM.
No transactions are free.
Soft blocking : After 3 attempts of wrong pin in a DAY (within 24 hrs.) debit card will be blocked for next 24 hrs.
Hard Blocking: After 12 attempts of wrong pin in a MONTH debit card will be blocked permanently.
Contact Centre/toll free numbers 1800 258 44 55 or 1800 102 44 55.
Mobile Banking (M Connect).
WhatsApp Banking.
Net Banking (Baroda Connect)
Base Branch.

money at your fingertips, all the time

credit cards act as a lifeguard when you need money in a pinch. but sometimes credit cards cannot be used for certain transactions. payment for mortgages, stocks, money orders are all such examples that do not accept a credit card payment. in such a scenario, you can always transfer money from your credit card to your bank account. here's all that you need to know about such a transaction.
when it comes to transferring money from a credit card to a bank account, there are 2 situations you might encounter.

when banks allow you to make a credit card to bank account transfer
you can do a direct transfer with the bank through net banking, money transfer credit card or phone call or indirectly using an e-wallet that is linked to your bank account.

when banks restrict you to make a credit card to bank account transfer
you can transfer money using cheques or ATM cash advances.

direct transfer to bank account
you can transfer funds from your credit card to your bank account directly using the net banking app or even over the phone. since the daily and monthly transfer limit varies from bank-to-bank, you would need to check that with your bank to get the updated information. if you are transferring funds to an account with the same bank as that of the credit card, the transfer is almost instant. however, if the transfer is to an account with another bank, then it should take two to three business days.

net banking
money can be transferred by directly accessing your credit card’s online banking account. the charges for making a transfer from a credit card to a bank account varies from bank to bank. follow the procedure provided below:

step 1: open your bank’s website
step 2: log in to your credit card account
step 3: select the transfer option
step 4: enter the amount you want to transfer
step 5: enter the required details mentioned in the form
step 6: follow the prompts to complete transactions

phone call
if you need the cash immediately, and do not have access to the internet, the transfer is always a phone call away. the charges for making a transfer from a credit card to a bank account through a phone call will be the same as the amount charged via net banking. follow the steps provided below:

step 1: call your credit card company
step 2: request for a fund transfer
step 3: confirm the amount you want to transfer to the bank account
step 4: provide the bank account number and other details required
step 5: follow the prompts to complete the transaction

indirect transfer to bank account
e-wallets like Paytm and Payzapp are digital wallets that allow you to make transactions quickly and securely. these are linked to your bank account and require a KYC to be completed.

what are the other transfer options do i have?
if your bank does not allow you to make a transfer from your credit card to the bank account, don’t sweat, there are some accepted hacks around this. here are a couple of options you can consider:

cheques: there is a facility known as ‘cheque to self’ where you can write a cheque to yourself. the money is taken from your credit card and is transferred to your bank account.

what is the procedure?

step 1: include the name of the payee as ‘self’
step 2: include other necessary information as you normally would while writing a cheque
step 3: deposit the cheque at your bank branch

what are the charges?

the applicable fees and charges will depend on the cheque collection and deposit charges levied by your bank.

ATM cash advance: ATM cash advance is a facility that allows you to withdraw cash from an ATM using your credit card and deposit that amount to your bank account.

what is the procedure?

step 1: withdraw cash using your credit card at an ATM
step 2: deposit the cash at your bank’s branch

what are the charges?

the fees and charges for withdrawing cash using a credit card are generally high and are called cash advance fees. for example, HDFC Bank charges 2.5% cash advance fees on the total amount withdrawn. the cash advance charges vary from bank to bank.

recently applied for a credit card? a quick tip from us to check out CRED before you make your credit card bill payment. CRED is an app that offers premium deals and rewards when you make your credit card payments on time. download CRED app now on your iOS or Android device!

Can I transfer money to bank account using debit card?

Yes, you can transfer money using a debit card online to other bank account via the mobile banking app, or the NetBanking portal.

How do I transfer money from card to account?

phone call.

step 1: call your credit card company..

step 2: request for a fund transfer..

step 3: confirm the amount you want to transfer to the bank account..

step 4: provide the bank account number and other details required..

step 5: follow the prompts to complete the transaction..

Can we transfer money from debit card to bank account through ATM?

One of them is to transfer money from one bank account to another using your debit/ATM card. Money transfers through ATMs can be helpful in urgent situations. All you need to do is go to an ATM, insert your card and opt for 'Fund Transfer' or 'Quick Transfer'.