SBI OTP BASED WITHDRAWAL ABOVE RS 10000
Do you withdraw over Rs 10,000 from SBI ATM? Here is an important message for you from your bank! Here is an important message for you from your bank - SBI. What is the message? Key details? - State Bank of India (SBI) has announced the launch of OTP-based ATM withdrawals above Rs. 10,000. SBI is introducing the OTP based cash withdrawal system across all SBI ATMs w.e.f. January 1, 2020 which would be functional between 8 P.M. to 8 A.M. - SBI has urged its customers to register or update their mobile numbers What does it mean? Customers at SBI ATMs, along with Debit Card PIN will also have to put OTP generated on their mobile numbers registered with the bank while withdrawing cash above Rs. 10,000. What's the benefit to SBI customers? - With this facility SBI has added another layer of safety and security in all its ATMs to minimize the number of unauthorized ATM transactions. -This additional factor of authentication for ATM cash withdrawals will protec