New Delhi, Mar 16: The country's largest lender State Bank of India has launched cardless ATM withdrawals with its YONO Cash. You Only Need One (YONO), the cardless cash withdrawal service will be available across 16,500 ATMs of the bank in the country. Such SBI ATMs will be called YONO Cash Point.
"This feature on YONO is designed to help its users withdraw cash without a physical debit card. Through YONO, our endeavour is to create a digital universe by integrating the entire transactions ecosystem under one platform in the next 2 years," said SBI Chairman Rajneesh Kumar after the launch of the service.