Sunday, July 3, 2022
BusinessHow Can Withdraw money Cardless Cash Withdrawal at ATMs

How Can Withdraw money Cardless Cash Withdrawal at ATMs

Major banks like SBI, ICICI Bank and HDFC Bank offer this key facility.

How to Withdraw Cash from ATM Machine without ATM Card from Indian Bank, Canara Bank, ICICI, HDFC, Axis, SBI, Bank of India, Indian Ovearseas Bank, Bank of Maharashtra, Bank of Baroda, Syndicate Bank. Union Bank of India, Yes Bank ,IDBI Bank, Punkab National Bank, Federal Bank, Indusind Bank, Andhra Bank, Karur Vysya Bank, Kotak Mahindra Bank, Syndicate Bank and other banks.

According to the Reserve Bank of India, cardless withdrawals with UPI ID have been introduced at all ATMs in India. The facility has already been launched by a select few banks including SBI.

In this situation, the facility of withdrawing money without a card through ATMs is only available in some banks.

Cardless withdrawals across all banks and ATM networks using UPI ID are provided.

Accordingly, the facility of withdrawing money through UPI ID at ATMs without a card will facilitate cash transactions and card withdrawal for such transactions, which will help in preventing card skimming and card cloning scams.

With the convenience of withdrawing money without a card, the bank customer does not have to use their debit or credit cards when withdrawing money from ATMs. The system is currently present in various banks.

Read Also | SBI ATM New Withdrawal Rules Changes You Need to Enter OTP

Cardholders of various banks can withdraw money through their phone, even without a debit card.

The card holder will most likely need to use a mobile banking application. If you do not have debit cards, you will need to request a cash withdrawal at ATMs.

Cardless cash withdrawal facility can be used for self withdrawal. However, this facility is not yet available in many banks.

With the new announcement by the Reserve Bank, many more banks are expected to join to provide this service to its cardholders.

Previously major banks like SBI, ICICI Bank and HDFC Bank offered this facility. To avail this facility, customers can register at the respective bank’s application or website and withdraw money without a card. After that, it will be delivered to the customer later. It must be entered into the ATM machine. Only then can the money be withdrawn.

In this case, according to experts, this method will prevent ATM fraud. Because it uses mobile pin to make money. Cardless withdrawals use the UPI facility.

This service is operated by the sender by instant money transfer. This allows you to transfer money using only the mobile number of the user.

Covid India Active Cases

Total active cases
Updated on July 3, 2022 3:03 pm Protection Status

Related Stories

Trending Stories

Amavasya, Tithi date and time June 2022 – 28 June or 29 June

This year the Amavasya date of the month of Ashadh will be on two days i.e. 28 and 29. It is called Halahari Amavasya....

Malavika Mohanan Latest 2022 Crossed Bold Glamour Photoshoot

Actress Malavika Mohanan has taken Instagram by storm with her sizzling photos. Malavika Mohanan (born 04 August 1992) is an Indian film actress. She has acted...

Google Drive Docs Tips and Tricks More Unknown Features

Google's free cloud storage platform is Google Drive, in which users can store their phones, videos, documents online. For this you need to have...

Rashmika Mandanna Stunning Pictures in Red Colour Saree Photo Shoot

Kannada Actress National Crush Beauty Actress Rashmika Mandanna Latest Stunning Red Colour Saree with sleeveless blouse. The Kannada beauty does not hide her beauty even...

Power crisis in Pakistan, telecom companies warn to stop mobile and internet service

Pakistan , which is facing economic crisis, is now surrounded by electricity crisis as well. Meanwhile, telecommunications companies of Pakistan have written a letter...

Recently Popular

India’s First Sologamy Gujarat 24 year old Girl Kshama Bindu Marry Herself; Honeymoon in Goa

Nowadays, after getting married, it is common for a husband and wife to travel to...

5 killed, 20 injured in Chicago gun shootings

Chicago: Gun violence is on the rise across the United States. There have been a number...

In which countries have been cases of monkeypox and how dangerous is it?

The corona virus epidemic has not yet ended from the world that now the threat...

Bobby Deol Aashram Season 3 – Official Trailer Webseries MX Player Streaming on June 3

Aashram Season 3 Trailer: Bobby Deol starring Aashram Season 3 popular Webseries Official Trailer released...

Prashant Kishor likely to join alliance with Congress for Election 2024

Sources in the Congress upper house say that the party leadership has asked Prasanth Kishore,...

Twitter co-founder Jack Dorsey quits board, decided before Musk deal was closed

Ahead of the $44 billion deal between US billionaire Elon Musk and Twitter , company...

Recommended Stories

Trending Now