You can withdraw cash from ATMs without a card




The country’s largest scheduled commercial bank- State Bank of India (SBI) has introduced a new feature to facilitate card less cash withdrawal from SBI’s 16500 ATMs in India using the YONO application(app). There will be no need of Debit or credit cards to withdraw money while using this facility. The ATMs enabled to avail this kind of service will be termed as YONO Cash Points.


Basically, YONO is an integrated digital banking platform offered by State Bank of India to enable users to access a variety of financial and other services such as taxi bookings, online shopping, medical bill payments etc. YONO is offered as a Smartphone application and it is available for both Android and iOS. 
YONO Cash has been launched in collaboration with YONO SBI which is termed as India’s first integrated omnichannel banking and lifestyle platform and that makes SBI the first bank to offer this service in the banking sector.

Risk of skimming and cloning of cards can be avoided with the help of these card-less withdrawals. By the introduction of this service, SBI expects to bag more customer satisfaction providing with sophisticated security features and the convenience of card-less cash withdrawals. YONO Cash Card-less withdrawal process is a secured transaction with 2-factor authentication, Each SBI customers can initiate the service by installing the YONO app and can use the six-digit YONO Cash PIN for the transaction; which is configured earlier with the mobile application (app).

With the progress or initialization of transaction; customers will get another six-digit reference number for the transaction on their registered mobile number through SMS, This number can be used along with the PIN generated using YONO Cash app. A combination of YONO Cash PIN and the six-digit reference number can assist you to withdraw the money without any card. The six-digit reference number has to be used within 30 minutes at the nearest YONO Cashpoint to get the cash.

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