SBI Changes Rules For Withdrawing Money From ATM |Keep Mobile With You If You Do Not Get Cash

SBI Changes Rules For Withdrawing Money From ATMs: Keep Mobile With You

If You Do Not Get Cash

 

SBI Changes Rules For Withdrawing Money From ATM |Keep Mobile With You  If You Do Not Get Cash

State Bank Of India (SBI), The Country's Largest Bank, Has Set Up A1 To Protect Customers From ATM Fraud At Night.

It Has Been Providing OTP Based ATM Withdrawal Facility To Its Customers Since January 2020.

This OTP Is Required When Withdrawing Cash Of Rs 10,000 And Above From SBI ATMs From 8 Pm To 8 Am.

Now, Beck Will Be Able To Withdraw Rs 10,000 And More At All SBI Atms Across The Country From September 15, 2020.

Has Decided To Implement OTP Based Service.

Twenty-Four Hour OTP Will Be Required

With The Launch Of 24x7 OTP Based Cash Withdrawal Facility, SBI Has Further Strengthened The Security Level In ATM Cash Withdrawals.

The Implementation Of This Facility During The Day, SBI Debit Card Holders Will Now Be Able To Avoid Fraud, Unauthorized Withdrawals, Card Skimming, Card Cloning And Other Risks.

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OTP Is A System-Generated Numeric Code.

Which Certifies The User For A Single Transaction.

Once The Customer Enters The Withdrawal Amount In The ATM Then The ATM Screen Will Ask For TP TP, Where You Have To Enter The Received OTP On Your Registered Mobile Number.

 

SBI Managing Director C.S. Shetty (Retail And Digital Banking) Said That SBI Has Always Been At The Forefront Of Ensuring Convenience And Security To Its Customers By Increasing The Level Of Technological Improvement And Security.

 

"We Are Confident That 24x7 OTP Certified ATM Withdrawals Will Help SBI Customers," He Said.

Will Experience Safe And Risk-Free Cash Withdrawals.

 

To Withdraw Cash From SBI ATMs, Customers Have To Enter OTP With PIN Number. The OTP Will Be Sent To The Mobile Number Registered With Them By SBI.

SBI's OTP-Based ATM Withdrawal Facility Will Be Available Only For Withdrawals Above Rs 10,000.

SBI Has Launched This Facility To Protect SBI Debit Card Holders From Any Possible Scamming Or Card Cloning. This Way, They Will Be Able To Avoid Fraud.

 

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