Card less cash Withdrawal

Photo by Jan Antonin Kolar on Unsplash

It’s technology at it’s best again. And this time Indian banks have made best use of the technology to offer Cash Withdrawal Without A Card at ATMs. We can also call this facility as “Send Money to Mobile Number”
Benefits of Card less Cash Withdrawal.

• Funds transfer is very easy and secured
• Most importantly, when you need cash on an urgent basis but your ATM card is lost, then this system will come to you your rescue
• Transaction can be done 24*7
• Cash can be withdrawn at select ATM centers across India depending on the bank
• Recipient is not required to have bank account. This is the most distinguishing feature of this service.

As of now, following banks offer this service to their savings bank customer:


Axis Bank

Bank of India

IndusInd Bank

There is a set limit for the transaction amount. Per transaction Rs. 5,000-10,000 can be transferred whereas recipient can withdraw Rs. 25,000 every month. This might again vary from bank to bank.

For every transfer, payer would be charged Rs. 25.


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