In the era of digital payment, the need for cash has become very less, but it is not that it has ended at all. In many places, you have to make small payments in cash only. In such a situation, it is important that you should also have cash. If you do not have an ATM card but you have money in your account, then you can withdraw cash without the card.
Delhi: In today’s era, people mostly opt for digital payment for any purchase, but the need for cash also sometimes falls. ATM card is required to withdraw cash, but now SBI is giving such a facility in which you can withdraw cash without ATM card.
SBI Yono giving facility
SBI account holders can log into Yono app through NetBanking,
after that SBI account holders can set a 6 digit M-PIN
, after logging into SBI Yono app, you have to click on Yono Cash
then go to ATM section and Enter the amount you want to
withdraw, the maximum limit for withdrawing cash through SBI Yono app is Rs 10,000.
Now you will be sent a Yono app transaction
number on your registered mobile number. SBI Yono Cash Transaction number sent to your registered mobile number for 4 hours. For this, the
SBI account holder will have to use this number and PIN set in any of YBI’s cash points,
after which you will get the money entered.
Now the phase of mobile banking
Before 2000, the payment system was completely dependent on cash. Later the practice of plastic money came and Debit, Credit and Gift Card gave customers a little bit away from cash. Around 2012 came the era of digital payment and people started paying through mobile. In today’s era, apart from Google Pay, Phone Pay and Paytm, there are many options through which goods can be purchased. Now the era has become more advanced when you can withdraw cash without ATM card.
Banking is now very easy
Fast changing technology has made banking very easy. Once upon a time, we had to go round the bank for every small and big work. Time changed and we got an ATM. Apart from withdrawing money, where we can do many other things along with making deposits, but now banking is completely absorbed in mobile. Every bank in its app has given the facility to the customers to settle every work sitting at home, but SBI Yono has gone ahead by giving money withdrawal without ATM facility .