Given the risk of contracting coronavirus via fomites — any inanimate object that, when contaminated with or exposed to infectious agents, can transfer disease to a new host — banks in India have begun offering customers the option of withdrawing cash without the need to touch the keypad of an ATM and use one’s card.
As not all business outlets accept money transfers using digital payments services, the banks are now letting you withdraw money from certain bank ATMs without having to use the debit or credit cards. Customers are required to download the respective bank’s mobile application — in order to avail the cardless cash withdrawal facility.
A daily transaction limit ranging from Rs 10,000 to Rs 20,000, depending upon the bank, applies to this facility that is available only at a few bank ATMs at the moment.
In order to avail the cardless cash withdrawal facility, download your bank’s mobile app and follow the procedure below to withdraw cash from an ATM without using your card:
State Bank of India (SBI)
Step 1: Download the SBI internet banking app YONO and click on ‘Yono Cash‘
Step 2: Select the account number and enter the amount that needs to be withdrawn
Step 3: An SMS will be received with YONO cash transaction number and ‘YONO cash PIN’.
Step 4: Visit the SBI ATM and select ‘YONO Cash’ on the ATM screen.
Step 5: Enter the YONO cash transaction number, enter the amount that needs to be withdrawn
Step 6: Enter YONO cash PIN and validate on YONO server. Complete authentication and collect cash from the ATM
Note: that the cash withdrawal has to be completed within 30 minutes of generating the transaction number and raising withdrawal request.
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Step 1: Download ICICI bank’s iMobile app, go to services and click on ‘cardless cash withdrawal’ option
Step 2: Enter amount, 4-digit temporary PIN and select account number from which the amount is to be debited
Step 3: Confirm the details and click on submit. A message will be received with a unique 6-digit code on registered mobile number. This code will be valid for 6 hours
Step 4: Visit a specified ICICI bank ATM and enter the registered mobile number, temporary 4-digit code, 6-digit code and withdrawal amount
Step 5: Cash will be dispensed on successful authentication
Axis Bank ATM
In order to make a cardless cash withdrawal from Axis Bank ATM, you need to initiate the Instant Money Transfer (IMT) service. At the bank’s ATM, you have to select the IMT option and then ‘withdraw IMT’. You need to enter the details such as the mobile number on which you have received the IMT details, the sender’s code, the SMS Code and the IMT amount. After that cash will be dispensed from the ATM.
Bank of Baroda
If you have an account in Bank of Baroda, you can get cash from any BOB ATM without the ATM card. Just open bank of Baroda mobile banking app (BOB MConnect plus) and select the option “Cash on mobile”. Enter the amount (up to Rs 5,000 and remarks and then enter the MPin. You will get 6 digit code on the mobile screen. This code will be valid for 15 minutes. Go to any BOB ATM and select option “Cash on mobile”. Enter OTP shown in the app and enter the withdrawal amount and you will get the cash.