There is a big news about the country’s largest State Bank of India. IN a tweet, SBI has said that it has now become safer to withdraw cash from any of its ATMs. If you withdraw 10 hajar or more from SBI ATMs, OTP will be sent to your mobile. Only then will the withdrawal from ATMs be possible. Sbi has said in a tweet that State Bank of India has launched OTP based service for 24 hours to protect customers from ATM fraud.
The new SBI rules are going to come into effect from 18th September i.e. The bank has said that if you are going to SBI ATM for withdrawal using SBI card, you must take mobile phones. In fact, OTP will be sent to your registered mobile number. After generating OTP, more than 10,000 can be cleared.
Let us say that the State Bank had already implemented this rule by changing the rules. It is being implemented for 24 hours from 18th September. As per the existing rule, the OTP process is applicable between 8 am and 8 am. The OTP screen opens when it is unmounted. Where OTP sent on mobile has to be generated. Only then can you withdraw more than 10,000 cash from sbi ATMs.
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