Cardless Cash Transactions: How to withdraw cash from an ATM without SBI, HDFC and ICICI Debit Cards”

Gone are the days when you needed a physical debit card to access your cash at an ATM. Technological advancements have paved the way for Cardless Cash Transactions, offering a convenient, secure, and touch-free alternative for withdrawing money. While SBI, HDFC, and ICICI are major players in the Indian banking sector, they aren’t the only ones offering this innovative service. Here’s a comprehensive guide on how to withdraw cash from ATMs without relying on their debit cards.

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What are Cardless Cash withdrawals?

Cardless cash withdrawals allow you to access your funds at ATMs using mobile apps, internet banking, or UPI (Unified Payments Interface) without inserting a physical debit card. This method works by generating a one-time password (OTP) or a unique reference number that authorizes the transaction at the ATM.

Benefits of Cardless Cash Transactions

  • Convenience: No need to carry your Debit Card, minimizing the risk of loss or theft.
  • Security: Eliminates the vulnerability of card skimming and fraudulent transactions.
  • Accessibility: Withdraw cash even if you forget your card or it gets damaged.
  • 24/7 Availability: Initiate transactions anytime, anywhere, as long as you have internet access.
  • Contactless: Minimizes physical contact with the ATM during the COVID-19 pandemic.

Exploring Alternatives to SBI, HDFC, and ICICI:

While these banking giants offer cardless withdrawals, several other banks and payment platforms facilitate the service:

  • Axis Bank: Use the “Instant Money Transfer (IMT)” service through the Axis Mobile app.
  • Kotak Mahindra Bank: Initiate cardless withdrawals via the Kotak app or internet banking.
  • RBL Bank: Utilize the “Cash2Go” feature on the RBL mobile app.
  • PhonePe: Send money directly to another person’s mobile number for them to withdraw cash at any linked ATM.
  • Google Pay: Similar to PhonePe, transfer money and enable cardless withdrawals for the recipient at specific ATMs.

Steps for Cardless Cash Withdrawal (Using Axis Bank as an Example):

  1. Download and register: Install the Axis Mobile app and complete the registration process.
  2. Activate IMT: Log in to the app and activate the “Instant Money Transfer” service.
  3. Initiate transfer: Select “Transfers” and choose “Instant Money Transfer.”
  4. Add beneficiary: Enter the recipient’s mobile number, registered with the IMT service, and add them as beneficiaries.
  5. Specify amount: Enter the desired withdrawal amount and confirm the transaction.
  6. Receive details: The beneficiary will receive an SMS with a sender code and an SMS code.
  7. Visit ATM: Locate an Axis Bank ATM displaying the “IMT” option.
  8. Enter details: Select “IMT,” input the sender code, SMS code, and withdrawal amount.
  9. Withdraw cash: Once verified, the ATM will dispense the cash.

Important Points to Remember:

  • Each bank might have different procedures, transaction limits, and charges for cardless withdrawals.
  • Ensure your mobile number registered with the bank is updated and accessible.
  • Be cautious about sharing OTPs or reference numbers with anyone.
  • Only use ATMs from reputed banks or within secure locations.

The Future of Cardless Transactions:

Cardless cash withdrawals represent a significant leap towards a cashless and paperless society. As technology evolves, expect more banks and payment platforms to adopt this secure and convenient method. With growing awareness and user adoption, cardless transactions are poised to become the norm, offering a smoother, safer, and more efficient way to manage your finances.

Cardless Cash Withdrawal with ICICI Bank: A Step-by-Step Guide

Gone are the days of worrying about forgotten or lost debit cards when you need cash. ICICI Bank offers a convenient and secure cardless cash withdrawal option via its mobile app and Internet banking platform. Here’s a detailed guide on how to access your cash without your physical card:

Using the iMobile App:

  1. Download and Login: Make sure you have the latest version of the ICICI Bank iMobile app downloaded and login with your credentials.
  2. Select Services: On the app’s homepage, scroll down and find the “Services” section.
  3. Choose Cardless Cash Withdrawal: Within “Services,” tap on “Cardless Cash Withdrawal at ICICI Bank ATM.”
  4. Enter Details: Specify the amount you wish to withdraw, select the account from which the funds will be debited, and create a unique 4-digit temporary PIN.
  5. Review and Confirm: Double-check all entered details and hit “Submit.”
  6. Receive OTP: You’ll receive a reference OTP (One Time Password) on your registered mobile number.
  7. Visit an ICICI ATM: Locate any ICICI Bank ATM and choose the “Cardless Cash Withdrawal” option on the screen.
  8. Authenticate: Enter your mobile number, the reference OTP, your 4-digit temporary PIN, and the exact withdrawal amount.
  9. Get Your Cash: Upon successful verification, the ATM will dispense the requested amount.

Using Internet Banking:

  1. Login: Access your ICICI Bank internet banking portal and log in using your user ID and password.
  2. Manage Payee: Go to the “Manage Payee” section and select “Add Cardless Cash Withdrawal Payee.”
  3. Add Beneficiary: Enter the recipient’s mobile number, name, and address, and confirm the registration using the Unique Registration Number (URN) received on your mobile.
  4. Initiate Transaction: Under “Fund Transfers,” choose “Cardless Cash Withdrawal.”
  5. Select Payee: Pick the registered beneficiary you created in step 3.
  6. Enter Details: Specify the withdrawal amount and the account from which the funds will be debited.
  7. Verify and Confirm: Review the details and proceed with the transaction using your internet banking password and an OTP sent to your phone.
  8. Recipient’s Turn: The recipient will receive an SMS with two unique codes (6-digit and 4-digit).
  9. ATM Withdrawal: The recipient visits an ICICI Bank ATM, selects “Cardless Cash Withdrawal,” and enters their mobile number, both received codes, and the withdrawal amount. Upon verification, they can collect the cash.

Read More: How To Activate SBI Debit Card Online Transaction By SMS

Cardless Cash Transactions with HDFC Bank: Two Convenient Methods

HDFC Bank offers two primary methods for cardless cash withdrawals: using NetBanking and using the HDFC Bank Mobile app. Both methods are secure and convenient, allowing you to access your cash without your physical debit card.

Method 1: Using HDFC Bank NetBanking

  1. Login: Access your HDFC Bank NetBanking account using your login credentials.
  2. Funds Transfer: Under the “Funds Transfer” tab, select “Cardless Cash Withdrawal.”
  3. Add Beneficiary: If it’s your first time, click “Add Beneficiary” and enter the recipient’s details, including name, mobile number, and account number. Confirm by entering the OTP sent to your registered mobile number.
  4. Select Beneficiary: If you’ve already added the beneficiary, choose them from the list.
  5. Specify Details: Enter the desired withdrawal amount, debiting account, and a nickname for the transaction (optional).
  6. Review and Confirm: Double-check all information and click “Submit.”
  7. Receive OTP: You’ll receive an OTP on your registered mobile number.
  8. Enter OTP: On the next screen, enter the received OTP and click “Confirm.”
  9. Share Details: Inform the recipient of the 9-digit order ID, 4-digit OTP, and withdrawal amount received via SMS.
  10. Recipient’s Turn: The recipient visits any HDFC Bank ATM, selects “Cardless Cash Withdrawal,” enters their mobile number, the received order ID and OTP, and the withdrawal amount.
  11. Get Cash: Upon successful verification, the ATM dispenses the requested amount.

Method 2: Using HDFC Bank Mobile App

  1. Download and Login: Download and install the HDFC Bank Mobile app on your smartphone. Log in with your credentials.
  2. Cardless Cash Withdrawal: On the app’s homepage, under “Payments,” tap “Cardless Cash Withdrawal.”
  3. Select Beneficiary: Choose the desired beneficiary from your saved list or add a new one by entering their details.
  4. Enter Details: Specify the withdrawal amount, debiting account, and a nickname for the transaction (optional).
  5. Review and Confirm: Double-check the information and tap “Proceed.”
  6. Enter PIN/Fingerprint: Choose your preferred authentication method (PIN or fingerprint) to confirm the transaction.
  7. Share Details: Similar to the NetBanking method, inform the recipient of the order ID, OTP, and withdrawal amount received via SMS.
  8. Recipient’s Turn: The recipient follows the same steps at the ATM mentioned in the NetBanking method.
  9. Get Cash: After verification, the ATM dispenses the requested cash.

Read More: How Can I Block Your SBI Debit Card by SMS / Online / Phone / Yono

By following these steps and prioritizing security, you can experience the convenience and safety of cardless cash withdrawals with HDFC Bank.

Cardless Cash Transactions with SBI Bank: Unleash the Power of YONO Cash

SBI Bank provides a seamless cardless cash withdrawal experience through its YONO app, eliminating the need for your physical debit card. Here’s a detailed guide on how to use YONO Cash at ATMs:

Initiating the Withdrawal:

  1. Download and Login: Ensure you have the YONO app downloaded and log in with your internet banking credentials or MPIN.
  2. YONO Cash Feature: Navigate to the YONO Cash option either from the Home page, YONO Pay section, or Hamburger Menu.
  3. New Request: In the YONO Cash landing page, select “ATM” under the “New Request” tab.
  4. Account selection: Choose the account from which you wish to debit the withdrawal amount.
  5. Enter Amount: Specify the desired withdrawal amount (within daily limits).
  6. YONO Cash PIN: Create a unique 4-digit YONO Cash PIN for this specific transaction. This PIN will only be displayed upon creation and won’t be shared through any channel.
  7. Terms & Conditions: Agree to the Terms and Conditions for cardless transactions.
  8. Confirmation: Verify all details and hit “Confirm.”

Read More: Secure Your Transactions: How to Change Your UPI PIN in Google Pay

Collecting Your Cash:

  1. SBI YONO Cash enabled ATM: Locate an SBI ATM displaying the “YONO Cash” option.
  2. Select YONO Cash: On the ATM screen, choose “YONO Cash.”
  3. Reference Number: Enter the Transaction Reference Number sent to your registered mobile number via SMS.
  4. Amount Verification: Double-check the displayed withdrawal amount to ensure it matches your initiated request.
  5. YONO Cash PIN: Enter the same 4-digit YONO Cash PIN you created during initiation.
  6. Transaction Validation: The ATM validates and authorizes the transaction.
  7. Cash Dispense: Upon successful verification, the ATM dispenses the requested cash.

Important Points:

  • Daily withdrawal limits apply based on your account type.
  • Maintain an updated and accessible registered mobile number with SBI.
  • Never share your OTPs or YONO Cash PINs with anyone.
  • Use well-lit and secure ATMs, especially for larger withdrawals.

Embrace the convenience and security of YONO Cash and say goodbye to relying solely on your physical debit card!

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