SBI YONO Cash, a cardless cash withdrawal at ATM. Is it possible?

Did you know that you can withdraw money from ATM without using an ATM card? Surprisingly, you can do it, if you have an account at the State Bank of India. 

Here’s how.. 

SBI YONO cash enables you to cash withdraw at an ATM without using an ATM card. It’s quite handy when you have forgotten to carry an ATM card. It’s amazing what technology can do. There’s no boundary when it comes to technological innovations.

Just recently the bank has added another feature that enables you to withdraw money from ATM without a card. It’s called the YONO QR code

Both YONO cash and QR codes can be seen on ATM’s main menu. Transaction limits are as under. 

1YONO Case- Upto ₹20000 you can withdraw in a day. 
2YONO QR Code- Upto ₹4000 you can withdraw per transaction. 

State Bank of India has these facilities with SBIYONO- a mobile application that enables online banking. It’s a part and parcel of what SBI gives us as YONO which can be operated in two ways, either by logging in to the official website or by using the app.

The process is also quite simple. All you need to do is just create your password or PIN to withdraw money through an ATM

A PIN number will have to be created through the YONO  app or from its website and the other is a YONO cash verification number, which will be delivered to your registered mobile number. You are going to use these PIN numbers and cash transaction numbers instead of ATM cards to encash money from ATM.

Without further ado, let me break it down for you. How it works.

Here’s the process

Step I

PIN generation at the SBI YONO site and app.

Log in to the official YONO website and scroll down to the end of the page, you will notice a link to YONO cash. Go on and click on the button. 

Select YONO Cash
  • When you click on YONO cash, you will be guided to the next screen where you need to select from where you would like to withdraw your money. You will notice 3 options.
    • Withdraw from ATM booth: You can withdraw a maximum of Rs 20000 per day.
    • From merchant POS (Point of Sale): A maximum of only Rs 2000 can be drawn from this option.   
    • From Customer Service Point (CSP): If you choose this option, you will have to visit SBI’s CSP and receive your money through them which is a maximum of Rs 10000.    

        So, for YONO cash at the ATM choose the first option, and the system will guide you to a screen that looks like this

Select withdrawal through the ATM
Put the amount
  • Fill in the amount you would want to withdraw. The minimum it will be Rs 500, and click on the next button to go to the page where you will have to create 6 digits PIN number. Note that the system permits only random numbers not in successive order like 123456. 
  • This is the final step of creating and confirming your PIN. Put your PIN number (can be any number of your choice but you have to remember it as it is required while withdrawing money from ATM). After filling out the PIN, hit the next button and it is done. The screenshot looks like this
Create your PIN
Term & conditions
  • Also, you will get a cash verification number at your registered mobile number. Both these PIN and cash verification numbers are going to use while withdrawing money.


Now withdraw your money at the ATM

The YONO cash withdrawal can be done only through the SBI ATM booth only, so you have to go to that only. To complete your transaction you will have to click on the YONO cash button which is seen on the home screen of the ATM. 

When you click on YONO cash, the next screen is for YONO cash transaction number verification. You will be asked to put it which you have received at your registered mobile number. Put the cash transaction number and confirm it.

On the next screen, you are going to enter the amount which you have put in while creating the PIN number. The amount should be tallied otherwise your transaction may fail. After you put the amount you have to click the press if yes button. Also, another menu is given at this point of the transaction where you can abort your transaction by clicking on to press if no button.

This is the last step to getting your money. After you press yes, you will be guided to the last page where you will have to provide your PIN number which you have created at the SBI YONO site or app. Confirm the transaction and your money will be dispensed by ATM.

The YONO cash transaction will be valid for 4 hours after you create your PIN number and generate the YONO cash transaction number. If you are unable to execute the transaction, you need not worry, as, after 4 hours of your PIN creation, both PIN and cash transaction numbers will be expired and be be be of no use.

But, always be careful not to let anybody know your PIN and YONO cash transaction number before the lapse of these 4 hours. As it can be withdrawn from any SBI ATM. Remember, being careful is what you are required to be when it comes to dealing with your money. The rest is good to go.

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