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Good news for SBI account holders, No need of debit card to withdraw money from ATM

Withdraw Cash Without ATM Card: Technology is advancing day by day. ATMs have been introduced so that one does not have to stand in queues to withdraw money from banks. Money can be withdrawn in minutes without any hassle.

An ATM card was required to withdraw money from this, which will not be required now. Yes, now it is necessary to have a phone to withdraw money from an ATM. This will also reduce cases of fraud.

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Withdraw money using QR code

Many banks have already introduced cardless facility for customers. But the Reserve Bank has expanded its scope. Now there will be no need of a card to withdraw money even from SBI ATMs. For this, you only need to have a smartphone. Through which money can be withdrawn through UPI.

How to withdraw money?

To withdraw money, go to the ATM. You will see two options in the ATM, the first one is UPI and the second one is cash. After this, click on UPI. After this, you will be asked about how much cash you want to withdraw, enter the amount in it. After this, the QR code will appear on the screen. Scan it with any app present in your phone like BHIM, Paytm, GPay, PhonePe. After this, select your bank and enter the PIN. After this, a message of successful payment will come. Now the Continue button will appear on the screen, by clicking on which you can get information about your transaction. After this, the amount you had entered will come out.

It is safe to withdraw money from an ATM card, but many times cases of fraud with customers come to the fore. Frauds like card skimming, card cloning can be avoided.

 

Jyoti
Jyoti
Jyoti, has 2 years of experience in writing Technology Content, Entertainment news and more. He has done BA in English. He loves to read books in free time. In case of any complain or feedback, please contact me @themoneyplans.com@gmail.com
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