Just In
- 3 hrs ago Dell Introduces AI-Powered Laptops and Mobile Workstations for Enterprises in India
- 5 hrs ago Meta AI Powered by Llama 3 Takes Aim at ChatGPT and Gemini: All You Need to Know!
- 5 hrs ago OnePlus Ace 3 Pro Leak Hints at New Design; Expected Launch, Specifications We Know So Far
- 6 hrs ago Vivo V30e Launch Date in India set for May 2: Flipkart Availability Confirmed
Don't Miss
- Sports IPL 2024: Rishabh Pant - The Babysitter! Fans adore Delhi Capitals captain after viral video with Kids
- Lifestyle Met Gala 2024: Date, Theme, Venue, Guest List, All You Need To Know About The Fashion Event
- Movies Crew Box Office Collection Day 21: Kareena's Film Barely Sees Growth; Crosses Rs 70 Cr In 3 Weeks
- Finance 8 Tata Group Stocks To Buy That Will Pay Dividends Soon, Q4 In Focus; Are You Invested?
- News Iran Embassy In Paris Cordoned Off Following Reports Of Suspect With Explosives
- Automobiles Suzuki Swift Hatchback Scores 4 Star Safety Rating At JNCAP – ADAS, New Engine & More
- Education NLSIU Announces the Rajiv K. Luthra Foundation Grant
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
SBI OTP Based Cash Withdrawal: How To Withdraw Cash Using SBI OTP Service?
To enhance the security of ATM services, the State Bank of India introduced the OTP-based cash withdrawal of above Rs. 10,000 on January 1, 2020. However, the OTP-based cash withdrawal service was only applicable from 8 AM to 8 PM. Now, SBI has announced it will allow users to withdraw money throughout the day starting September 18.
Users can now withdraw above Rs. 10,000 via the SBI OTP Service. So, to withdraw money, you have to keep your mobile alongside the debit card. Here are the details of how to withdraw money via the OTP service?
How To Withdraw Money Via SBI OTP Service?
For this service, the one-time password will be sent to the registered mobile number. So, you need to update your current mobile number with your bank account. Follow this step to withdraw money via OTP.
Step 1: After inserting the debit card, you need to select the language then choose the 'banking option'.
Step 2: Then enter your PIN number and after you need to select the cash withdrawal option and choose your account type.
Step 3: Then enter the amount you wish to withdraw after the ATM will ask for the OTP.
Step 4: You will get the OTP to your registered mobile number and lastly enter the OTP and get your cash.
This SBI's OTP-based cash withdrawal service is applicable for transactions above Rs. 10,000. The SBI claims, the move has been taken to protect users from unauthorized transactions. Notably, the service is only available at State Bank of India ATMs.
Frequently Asked Questions
1. Can I get SBI OTP Service on other ATM?
As of now, the service has not been developed for National Financial Switch. So, it is only applicable at SBI ATM.
2. Till what time I can withdraw the money using the OTP service?
You can now get your cash 24 hours a day using the OTP service. However, it will be applicable starting September 18.
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599
-
8,893