SBI enables customers to make ATM withdrawals upto Rs.10000 without debit card using YONO
- The State Bank of India has launched a facility using which its customer can withdraw money from ATM without using a debit card. They can make such transactions using YONO app of SBI.
- The cardless withdrawal is a two-step process: Step 1: Customer initiates the withdrawal using the YONO app and generate a six-digit OTP. The pin will be valid for 30 minutes.
- Step 2: Visit any SBI Atm and using the 6 digit pin you can withdraw the cash amount. You also need your YONO app pin for withdrawal.
- Maximum Limit of Withdrawal: Maximum transaction of Rs. 10,000 each. And maximum 2 such transactions in a day. The customer can avail of this service only on one device.
Points to remember:
1. Maximum transaction limit? -Rs 10,000
2. YONO Full form- You Only Need One.