ICICI Bank introduces cardless cash withdrawal facility through ATMs with per day limit of Rs 20000

ICICI Bank introduces cardless cash withdrawal facility through ATMs with per day limit of Rs 20000

  • Private lender ICICI Bank has launched cardless cash withdrawal facility from its ATMs on 21 January 2020.
  • The daily transaction limit as well as per transaction limit is set at Rs 20,000 under the new facility.
  • It is a simple and convenient way to withdraw cash for daily usage without the requirement to carry and use debit card or ATM PIN.
  • Users can avail service using the bank’s mobile banking application named iMobile.
  • By simply raising a request on iMobile, customers will be able to withdraw cash from over 15,000 ATMs of the bank.

Steps for ‘cardless cash withdrawal’ using ICICI Bank mobile app

  • Log into ICICI mobile app – ‘iMobile’.
  • Select ‘Services’ and ‘Cash Withdrawal at ICICI Bank ATM’
  • Enter the amount, select account number, create a 4 digit temporary PIN and submit
  • Yow will receive a reference OTP ( One Time Password)
  • Visit any ICICI Bank ATM. Select cardless cash withdrawal
  • Enter your mobile number
  • Now enter reference OTP.
  • Enter the temporary PIN
  • Now enter the amount to be withdrawn
  • The cash withdrawal request and OTP are valid upto next day midnight.

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