SBI has introduced a facility that allows customers to withdraw cash from ATMs without a card. SBI is the first bank to offer this service in India.
See the steps below:
Step 1: Install YONO App on your Android or iPhone.
Step 2: When you have to withdraw money from an ATM, put a request on the app, following which you will get a unique 6-digit registration number, which will be valid for 30 minutes.
Step 3: Visit the nearest SBI ATM or YONO Cash points, and use that PIN to withdraw money. The customer will also get a confirmation of the cash withdrawal via SMS.
YONO Cash facility is available across 16,500 SBI ATMs, pan-India. Besides the 6-digit registration number, the user will be also required to enter the YONO App PIN for cash withdrawal. The service can be used by a customer only on one device. Users can withdraw up to Rs 10,000 per transaction and make two withdrawals a day using the application.
SBI Chairman Rajnish Kumar said, “YONO Cash will also address the concern of using a debit card at the ATMs for cash withdrawals by eliminating possible risk associated with it. This feature is designed to help users withdraw cash without a physical debit card. Our endeavour is to create a digital universe by integrating the entire transactions ecosystem under one platform.”
SBI has introduced a facility that allows customers to withdraw cash from ATMs without a card. SBI is the first bank to offer this service in India.
See the steps below:
Step 1: Install YONO App on your Android or iPhone.
Step 2: When you have to withdraw money from an ATM, put a request on the app, following which you will get a unique 6-digit registration number, which will be valid for 30 minutes.
Step 3: Visit the nearest SBI ATM or YONO Cash points, and use that PIN to withdraw money. The customer will also get a confirmation of the cash withdrawal via SMS.
YONO Cash facility is available across 16,500 SBI ATMs, pan-India. Besides the 6-digit registration number, the user will be also required to enter the YONO App PIN for cash withdrawal. The service can be used by a customer only on one device. Users can withdraw up to Rs 10,000 per transaction and make two withdrawals a day using the application.
SBI Chairman Rajnish Kumar said, “YONO Cash will also address the concern of using a debit card at the ATMs for cash withdrawals by eliminating possible risk associated with it. This feature is designed to help users withdraw cash without a physical debit card. Our endeavour is to create a digital universe by integrating the entire transactions ecosystem under one platform.”