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DCB Bank’s ATMs will allow cash withdrawals via Aadhaar and fingerprint

Private sector lender DCB Bank has launched an ATM which accepts Aadhaar number and fingerprints instead of card and PIN, reports Press Trust of India. This was piloted earlier in May in Odisha. DCB Bank says that it would be extending the facility to all of its 400  ATMs across the country in the next six months. However, this is limited only to the bank's customers and other banks' customers will have to use a card and PIN. Seeding the bank account with the Aadhaar number will be essential before a customer can use the facility. The bank added that Linkages between bank accounts and Aadhaar have started to gather steam following the Aadhaar Bill being passed in Parliament.   According to a report in Mint, as of 25 May, 219 million bank accounts were opened under the Jan Dhan Yojana, of which over 100 million were linked to Aadhaar. In comparison, there were 158 million accounts a year ago, of which 61 million accounts were Aadhaar-linked. Linkages to bank accounts had dropped following the Supreme Court's order in August 2015, which made Aadhaar optional except for public distribution system and LPG connections. Various State governments, including Gujarat and Jharkhand along with central bodies such as RBI, SEBI, TRAI and the Pension Regulatory Authority returned to the court saying the August order had become a roadblock for people with Aadhaar to enroll in other social benefit schemes. Not the first card-less ATM facility This is not the first time a bank has introduced a…

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