State Bank of India (SBI) has launched cardless ATM withdrawals with its YONO Cash. The bank will enable all its 60,000 ATMs in the next six months for this service, which will also be termed as YONO Cash Point.
This feature on YONO is designed to help its users withdraw cash without a physical debit card. Through YONO, the bank will create a digital universe by integrating the entire transactions ecosystem under one platform in the next 2 years.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
