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SBI OTP-based ATM cash withdrawal: How to withdraw cash, who can avail this facility and how it helps from fraudsters

SBI OTP-based ATM cash withdrawal: How to withdraw cash, who can avail this facility and how it helps from fraudsters

Zee News
Monday, October 25, 2021 11:38:43 AM UTC

SBI’s OTP-based ATM cash withdrawal puts in place an additional factor of authentication that protects SBI card holders from unauthorized ATM cash withdrawals.

New Delhi:  India’s largest public sector lender State Bank of India (SBI) brings host of convenient and safe features for customers from time to time that takes care of their financial needs and also protects them from the fraudsters.

One such safe and convenient service is SBI’s OTP-based ATM cash withdrawal that puts in place an additional factor of authentication. This additional safety process protects SBI card holders from unauthorized ATM cash withdrawals.

"Our OTP based cash withdrawal system for transactions at SBI ATMs is vaccination against fraudsters. Protecting you from frauds will always be our topmost priority," said SBI in a tweet.

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