How to get money from bank account without debit card

This cardless cash withdrawal option can be used for self-withdrawal, but note that it comes with a daily transaction limit as well as per transaction limit which ranges from Rs 10,000 to Rs 20,000.

Various banks in the past few months have launched the ‘Cardless Cash Withdrawal’ facility from ATMs. With this service, customers can withdraw cash from ATMs without a card. For instance, an account holder of ICICI Bank can withdraw cash by without their credit card by raising a request on the bank’s mobile banking app, iMobile. This way a customer can withdraw cash without using a debit card at ATMs.

This cardless cash withdrawal option can be used for self-withdrawal, but note that it comes with a daily transaction limit as well as per transaction limit which ranges from Rs 10,000 to Rs 20,000.

Experts say that with the increase in fraud and scamming, cardless cash withdrawal enables customers to withdraw cash securely and conveniently for everyday usage and purchases.

Here is how you can use this facility;

To use cardless cash withdrawal, you need to first download the respective bank’s mobile app, for instance for ICICI bank customers, they need to download the iMobile app on their smartphone from Play Store or App Store. Once you have downloaded your bank’s mobile app, you can now visit the specified bank ATM to make a cardless withdrawal.

1. Firstly, request for cardless cash withdrawal from the mobile app.

• To do so, go to the ‘services’ option in the banking app and click on ‘cardless cash withdrawal’ for self.
• You will then be asked to enter the amount, your 4-digit temporary PIN and select the account number from which the amount is to be debited.
• You then need to confirm the details displayed on the screen and click on ‘submit’.
• On transaction completion, you will receive a success message on the screen.

2. SMS from the bank
Next, you will receive an SMS with a unique code on your registered mobile phone from the Bank. Keep that code saved.

3. Cash withdrawal from the bank ATM
After processing the cash withdrawal request on the app, you need to visit the specified bank ATM, to withdraw cash.

• In the ATM, you need to enter your registered mobile number
• The temporary code which you have set. (If there is/in case of ICICI bank)
• The unique code that you have received via SMS.
• Put in the exact withdrawal amount, that you have entered earlier.
• Once all these parameters are successfully authenticated, cash will be dispensed.

Note that the amount that you have entered in your app to be withdrawn, needs to be withdrawn in a one-time transaction.

Withdraw cash from ATM without using Debit card. 

Now you can withdraw money from ATM without using a debit card. National Cash Register (NCR) Corporation, a firm that makes ATMs, has come up with a concept where people can withdraw money without using card. 

The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App. 

The firm has partners with the National Payments Corporation of India (NPCI) and City Union Bank to provide the facility to withdraw cash from ATM without a card. More than 1,500 Automated Teller Machines have been modernized to provide this service to all the ATM users.  NCR Corporation said that it will soon upgrade more ATMs to extend the facility to more people.

How to withdraw money without Debit card 

1. ATM users will have to open any UPI apps like Google Pay, BHIM, Paytm, PhonePe and Amazon on their smartphones. Now scan the QR code shown on the screen of ATM machine. 

2. Once the scanning is successful, users will have to enter the amount that they wish to withdraw. 

3. Now press the proceed button displayed there. You will be asked to enter 4 or 6-digit UPI PIN.

4. The machine will dispense cash after authentication.

Also Read: SBI, Indian Oil launch contactless RuPay debit card; check key benefits

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Although you live in a largely digital-led world, sometimes you still need cash. And the easiest way to get it is from an ATM. Normally, to withdraw cash from an ATM, you need a Debit Card/ATM card, but that is not always true. With an HDFC Bank Savings Account, you can now make cardless cash withdrawals. Yes, you heard that right! This facility enables you to withdraw cash securely and conveniently from ATMs without using a bank card. Even your beneficiaries can get cash from the ATM with just a mobile number. 

Here’s how you can use the Cardless Cash feature with HDFC Bank: 

Add a beneficiary

You need to add a beneficiary before initiating the request.

• Login to HDFC Bank NetBanking >> Funds Transfer >> Request 

• Click on Add a beneficiary >>Cardless Cash Withdrawal

• Enter the beneficiary details, click ‘Add’ and ‘Continue’

• Reconfirm the details and click on ‘Confirm’

• Enter OTP (One-time Password) received on your mobile number to complete

For security reasons, the beneficiary will be activated after a period of 30 minutes.

Request for cardless cash withdrawal through HDFC Bank NetBanking

• Login to HDFC Bank NetBanking >> Funds Transfer

• Click on ‘Cardless Cash Withdrawal’

• Select ‘Debit Account and beneficiary details’ and click ‘Continue’.

• Check the beneficiary details and enter the amount to be transferred.

• Enter the OTP (One-time Password) received on your registered mobile number to generate the request successfully.

A successful cardless cash withdrawal request will be valid for a period of 24 hours from the time of creating the request. After expiry of 24 hours, the request will be reversed.

Cash withdrawal from HDFC bank ATM by the beneficiary

The beneficiary will receive a 4-digit One Time Password (OTP) and a 9-digit order ID via SMS once the cardless cash withdrawal request is successfully authenticated.

The beneficiary must visit an HDFC Bank ATM and select the ‘Cardless Cash’ option displayed on the screen. Then, enter details such as OTP, beneficiary mobile number, 9-digit order ID, and the transaction amount.

Once the above details are validated, the cash will be disbursed by ATM.

Transaction limit

Cardless cash withdrawal requests can be initiated for a minimum of Rs.100 per transaction and up to a maximum of Rs.10,000 per day or Rs.25,000 per month for a beneficiary.

Benefits of cardless cash withdrawal: 

Convenient

You can create a request by logging into HDFC Bank NetBanking, which is accessible 24/7. You can also use it to transfer cash to a beneficiary just by using their mobile number. The beneficiary need not hold a bank account and can withdraw cash instantly without an ATM / Debit Card. For instance: Suppose you need to send cash to your child who doesn’t have an account. With this facility, you can send money to them instantly through their mobile number.

Secure

This facility is safe and reduces frauds and skimming of Debit Cards at ATMs while transacting.

Click here and get started on your Savings Account!

To take advantage of this convenient service offered by HDFC Bank, India's No.1 Bank*, sign up for an HDFC Bank Savings Account. Based on your requirements, you can opt for a Regular or SavingsMax, Specialé Gold and Specialé Platinum, Women Savings account or any other. And with the InstaAccount page, you can open an account instantly through a digital process. This way, you can skip visiting the bank and complete your video KYC from wherever you are.

Click here and get started on your Savings Account !

Read more about contactless banking here.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.

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