Now withdraw money without card, SBI ATMs giving you the perk - Vice Daily

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Now withdraw money without card, SBI ATMs giving you the perk

Moitrish Majumdar, Kolkata:

On Friday SBI i India's largest bank has launched a system through which customers can withdraw money without using their debit cards.

SBI launched YONO CASH, its an application which can easily b…


Moitrish Majumdar, Kolkata:

On Friday SBI i India's largest bank has launched a system through which customers can withdraw money without using their debit cards.

SBI launched YONO CASH, its an application which can easily be downloaded from play store in Android or from apple store for iphones.

To use the facility you will just need to download the app, then put a request in the app if you want to withdraw money. The app will provide you with a six digit unique code which would be valid for 30 minutes. The customer will have to visit the nearest ATM and put the OTP in it to withdraw the amount. A confirmation sms will be landed in the phone number.

This facility is there in more than 15600 ATMs, Pan India. The is a one-device app where a user can have only one account. From the statements of SBI chairman Rajnish Kumar said that thi perk from SBI will make people free from carrying any cards with them. This might reduce the risks of forgery, cloning and all other risks of fraud.

Users can withdraw upto 10,000 rs per transaction and one can use this application twice a day.

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