SBI and Canara Bank launch cardless transaction service, withdraw money even if ATM card is forgotten at home
Many of the country's largest government and private banks have launched a new service these days to protect their clients' finances and provide them with more facilities. No need to get tension if you need cash and have forgotten your ATM card at home. Because, banks have launched a new service for cardless transactions. With this feature you can withdraw cash anytime and anywhere you want by going to the ATM. SBI does not charge any charge from its customers for this.
Process of cardless transactions in SBI
When withdrawing money from SBI YONO App, you must first download the YONO App. Then enter the Net Banking User ID and Password. After entering the Active User ID and Password you will have to click on Login again.
Step-1: Once activated you can set up a 6 digit M pin inside the app if you want. The third option is 'Yano Cash' from the bottom left of the home screen as soon as you log in to the app. When you open it, you will see a total of four options - ATM, Merchant POS, CSP and Cardless Shopping.
Step-2: To withdraw money from an ATM, you have to choose the first option. On the next screen you have to provide information about the withdrawal amount. After clicking ahead you have to give the desired six digit PIN, which will work when you withdraw the money.
Step-3: Now after ticking the box with next term and condition, press the confirm button. A five-digit cash transaction number message will appear on your mobile.
Step-4: The CSN and PIN will be valid for four hours. You can withdraw money by using both numbers after clicking on Yano Cash in State Bank ATM.
Process of Cardless Transaction at Canara Bank
The process of withdrawing cardless cash from Canara Bank is quite simple. For this, you need to download and activate the Canara Bank App. There will also be an option for M pin after registration, which will make it easier for you to log in.
Step-1: After logging into the app, the option of 'ATM Cardless Cache' will be found at the top of the home screen. On the next screen you have to give the amount of withdrawals and your four-digit one-time PIN, which will work when withdrawing the money.
Step-2: Then you have to re-enter the six-digit M pin with the application log in to confirm it.
Step-3: Then you will have 15 minutes to withdraw money from the ATM. If you cannot make money in this time then your one time pin will expire.
Step-4: To withdraw cashless from Canara Bank ATM, all you have to do is enter your mobile number registered with the bank in one time pin detail machine.
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