SBI offers a convenient feature called SBI Yono Cash. It allows you to withdraw money from ATMs without using your debit card.
You need money, but you forgot your ATM card. No need to worry about how to get cash! You can withdraw money from an ATM without needing your ATM card with you.
With some banks, you can easily withdraw cash using a mobile app or another secure method. It’s a simple process.
Times are changing, and everything is changing with them. Today, we see a new way of doing things, constantly evolving into tomorrow’s practices.
This impact is most evident in electronic systems, particularly the banking industry, which is undergoing rapid change.
Remember the long lines at banks just to withdraw cash? Then came ATMs, offering a faster solution. However, using an ATM card still often involves waiting in lines. This is where UPI (Unified Payments Interface) comes in.
For everyday shopping, mobile wallets like Paytm and PhonePe have eliminated the need to carry cash or even withdraw it frequently.
Now, the banking system is even more innovative. If you need cash, you can simply scan a QR code instead of using your card at an ATM, allowing for withdrawals on the go.
State Bank of India (SBI) customers can withdraw cash from ATMs without their debit cards using the YONO app.
YONO Cash is a cardless withdrawal service that allows you to withdraw cash from SBI ATMs without your debit card.
SBI account holders with a linked mobile number and active YONO app user can use this feature.
How to use SBI Yono Cash:
- Open the Yono app and log in.
- Select “Yono Cash” from the options.
- Under the “Request New Yono Cash” tab, click “ATM” within the Yono Cash section.
- Enter the amount you want to withdraw.
- Enter your six-digit PIN.
- Locate an SBI ATM that supports Yono Cash.
- At the ATM, tap the “Yono Cash” option.
- A transaction reference number will be sent to your mobile number. Enter this number at the ATM.
- The ATM will display the withdrawal amount. Verify it’s correct.
- Enter the same PIN you used in the Yono app.
- The cash will be dispensed.
Benefits of YONO Cash
- Convenience: No need to carry your card.
- Security: Reduced risk of card skimming or fraud.
- Easy access: Get cash even if you forget your card.
Tips and Precautions
- Check your balance: Ensure you have sufficient funds in your account.
- Keep your PIN safe: Protect your PIN from fraudsters.
- Check the ATM: Ensure the ATM is genuine and not tampered with.
YONO Cash is a convenient and secure way to make cardless withdrawals from SBI ATMs. Follow these simple steps and enjoy the benefits of YONO Cash.