Here’s how to use the SBI OTP-based withdrawal facility
SBI ATMs in the country through OTP authentication has been extended throughout the day effective September 18, 2020. For withdrawing Rs 10,000 and above, SBI debit cardholders now have to enter OTP sent on their registered mobile numbers along with their debit card PIN each time.
At present, this extra level of security is available for transactions at SBI ATMs between 8 pm and 8 am.
“Your transactions at SBI ATMs are now more secure than ever. SBI extends OTP based cash withdrawal facility to 24×7 for amount Rs 10,000 and above from 18.09.2020,” SBI tweeted.
“With the introduction of a 24×7 OTP-based cash withdrawal facility, SBI has further strengthened the security level in ATM cash withdrawals. Implementing this facility throughout the day would prevent SBI debit cardholders from the risk of falling prey to fraudsters, unauthorized withdrawals, card skimming, card cloning, and the likes,” SBI said in a statement.
Follow these steps to withdraw cash:
- In order to withdraw cash at SBI ATMs, you will need an OTP
- OTP will be sent to your registered mobile number……..Read More>>