Yono Cash – Sbi’s Novel Characteristic To Become Coin From Atm Without Card

Under it’s digital banking platform YONO (You Only Need One), India’s largest lender State Bank of Republic of Republic of India (SBI) has launched a new service for cardless cash withdrawal tiled YONO Cash. With this SBI customers tin dismiss remove cash from  over 16,500 SBI ATMs across the province without using their debit cards.  The ATMs enabled for this service volition equally good hold out termed equally YONO Cash Points.
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.  
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