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SBI to launch OTP-based ATM cash withdrawal from January 1


SBI to launch OTP-based ATM cash withdrawal from January 1

 


State Bank of India (SBI) introduced OTP-based ATM withdrawals with effect from 1st January 2020.

SBI OTP-based ATM cash withdrawals are applicable for above ₹10,000 cash withdrawals.

This service is functional at all SBI ATMs between 8 pm to 8 am.

They need to carry their mobile to the ATMs. The ATM cash withdrawals now made even safer, with the OTP-based authentication process from SBI, in effect from 1st January 2020.

Register your mobile number at the nearest SBI branch or ATM to benefit from this service.