“The initiatory volition address their work concern of using the debit carte du jour at the ATMs for cash withdrawals yesteryear eliminating possible jeopardy associated amongst it. This characteristic on YONO is designed to attention its users remove cash without a physical debit card,” Rajnish Kumar, Chairman of SBI, announced inward a statement.
How to remove cash without ATM Card using YONO Cash service ?
- The SBI customers tin dismiss initiate the asking for the cardless cash withdrawal from their YONO app too fix a six-digit YONO Cash pivot for the transaction.
- They volition have a six-digit reference reveal for the transaction on their registered mobile reveal via SMS, which volition therefore convey to hold out entered into a YONO Cash Point.
- The cash withdrawal has to hold out completed inside the adjacent thirty minutes using both PIN too the reference reveal received.
Important Note : With this, SBI became the 1st lender to offering this service inward India.