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.