SBI’s OTP based cash withdrawal is more secure, know how to use it

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State Bank of India has implemented OTP based system for cash withdrawal of more than Rs 10,000 from SBI ATM from 8 am to 8 am.




If your account is in SBI, then this information is important for you. SBI has also implemented an OTP based procedure for cash withdrawal, using which your cash withdrawal will be more started.

Also Read: How often can one update name and date of birth in Aadhaar? Learn here

SBI has implemented OTP based system for cash withdrawal from SBI ATM from 8 am to 8 am. This facility is applicable from 1 January 2020.




SBI has taken this decision to protect customers from fraud and secure transactions.

OTP will be necessary for withdrawal

-To withdraw money from SBI ATM, first OTP will be required. OTP will come on your registered mobile number. Cash can be withdrawn only after registering this OTP in an ATM.




– This OTP process will be valid only on transactions above Rs 10,000. You can enjoy the benefits of this system from eight o’clock in the morning to eight in the morning.

– If you withdraw money from another bank’s ATM, then this facility will not be valid.

 

The post SBI’s OTP based cash withdrawal is more secure, know how to use it appeared first on informalnewz.



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