Any bank customer in India can take help of UPI payment system to scan and make payments. Along with this, if the customer wishes, he can also try to withdraw cash through his YONO mobile application. The bank launched this announcement of this new facility on the 68th Foundation Day celebrations of the bank.

Cardless cash withdrawal facility still in progress

Many people may have a question that they still do cardless cash withdrawal through UPI through SBI ATMs. But according to the recently received facility, the bank’s customers can now do cardless cash transactions through any other bank’s ATM. Customers can now withdraw cash from any ICCW-enabled ATM of any bank without any hassle using the ‘UPI QR Cash’ functionality. You don’t have to use a PIN or debit card. The transaction will be completed by simply scanning the dynamic QR code on the ATM screen.

Earlier, SBI Chairman Dinesh Khara launched 34 Transaction Banking Hubs at top 21 district centers across the country. Thereby providing multiple convenience for transaction, payment and collection needs under one roof. About which Khara said that keeping in mind the convenience of our customers and the rapidly growing digital payments, the Yono app has been redesigned. This will fulfill our goal of making ‘YONO for every Indian’ mission a reality.

YONO’S NAME CHANGED

SBI also informed that now YONO’s name has been changed to YONO FOR EVERY INDIAN. You can also use features like Customer Request Money, Pay by Contacts and Scan and Pay of any bank by updating your YONO app.

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At present, there are many such banks whose card you can withdraw money from without using the ATM, but now the Reserve Bank has increased the scope of the bank. Now almost all the banks are providing the facility to withdraw money.

Major banks like State Bank of India (SBI), HDFC Bank and Punjab National Bank (PUB) provide cardless card withdrawal facility. The advantage of withdrawing money at ATMs without credit and debit cards is that it prevents situations like card loss, incorrect PIN transition and card theft at ATMs. Instead of card, you can withdraw money from ATM with the help of UPI. Let us tell you how to withdraw money from ATM without card.

To withdraw money through UPI, the following are the things that you must have in your mobile phone. To withdraw money from an ATM, you need to have a bank account and install any UPI-based payment app like GPay, PhonePe, BHIM, etc.

You must have an internet connection.

What are the procedures to withdraw cash through UPI?

Step 1: First of all, go to any ATM and select “Withdraw Cash” option
Step 2: From “Withdraw Cash” option, you need to select UPI option on the ATM screen. The QR code will show on the ATM screen.
Step 3: Now, you need to open any UPI payment app on your phone and turn on the QR code scanner.
Step 4: Start scanning the QR code shown on the ATM screen.
Step 5: After scanning, you need to select the amount you want to withdraw.
Step 6: Next, hit the Proceed button and enter your UPI PIN to withdraw money.

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