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SBI to introduce OTP based ATM cash withdrawals from January 1

Updated : December 27, 2019 03:32 PM IST

SBI's OTP-based cash withdrawal will be effective from January 1, 2020.
Once an individual initiates a transaction, OTP will be sent to the mobile number registered with the bank.
SBI said that this additional authentication will protect cardholders from unauthorised ATM cash withdrawals.
SBI to introduce OTP based ATM cash withdrawals from January 1

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