ICICI Bank announces ‘Cardless Cash Withdrawal’ through ATM using ‘iMobile’
By MYBRANDBOOK
ICICI Bank has announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service enables customers to withdraw cash from over 15,000 ATMs of the Bank by simply raising a request on ‘iMobile’, its mobile banking application. It is a simple and convenient way to withdraw cash without using a debit card. The ‘Cardless Cash Withdrawal’ service can be used for self-withdrawal when customers do not wish to carry the debit card. The daily transaction limit as well as per transaction limit is set at Rs. 20,000.
Speaking on the launch, Anup Bagchi, Executive Director, ICICI Bank said, “ICICI Bank has been at the forefront of digital innovations since its inception. The offering of ‘Cardless Cash Withdrawal’ from iMobile enables our customers to withdraw cash securely and conveniently for everyday usage and purchases, all from the convenience of their mobile phone. We believe that this proposition of cash withdrawal from an ICICI Bank ATM without using a debit card offers a speedy and unique experience to our customers. We at ICICI Bank will continue to focus on innovations in technology at all channels and touch-points that will bring more convenience to the customers.”
Advantages of using the facility -
· Convenience of usage: No requirement to carry and use a debit card or ATM PIN to withdraw cash for daily usage
· Wide accessibility : Available across all over 15,000 ICICI Bank ATMs
· Convenient daily limit: Cash up to Rs.20, 000 can be withdrawn on a daily basis
· Safe and secure : Safe and secure mode of cash withdrawal using iMobile
Below are simple steps to avail the ‘Cardless Cash Withdrawal’ using iMobile -
· Log into ‘iMobile app’ > select ‘Services’ and ‘Cash Withdrawal at ICICI Bank ATM’
· Enter the amount, select account number, create a 4 digit temporary PIN and submit
· Immediately receive a reference OTP (One Time Password)
· Visit any ICICI Bank ATM > select Cardless Cash Withdrawal >enter mobile number > reference OTP number > temporary PIN > Amount
The cash withdrawal request and OTP are valid up to next day at midnight.
Adani Ports to acquire 95% of the Gopalpur Port in Odisha
For ₹13.49 billion, Adani Ports would purchase a 95% ownership in Gopal...
Zoom introduces Workplace to provide AI support during meeting
Zoom Video Communications has announced Zoom Workplace, its AI-powered, op...
22 startups valued above ₹10,000 cr are being run by former
According to Private Circle, around 22 firms founded by former Paytm employ...
Tech Mahindra and IBM to accelerate digital adoption in APAC
Tech Mahindra has announced the opening of a Synergy Lounge, in collabora...
SAMSUNG INDIA ELECTRONICS PVT. LTD.
FINOLEX INDUSTRIES LTD.
STERLITE TECHNOLOGIES LTD.
FIREBOLTT
Technology Icons Of India 2023: Deepinder Goyal
Deepinder Goyal is the Founder and CEO of Zomato. Deepinder, or Deepi,...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Alok Ohrie
Alok plays a critical role in the Government of India’s Atal Innovat...
GSTN aims to integrate indirect tax ecosystem on a shared IT infrastructure
Goods and Services Tax Network (GSTN) has built Indirect Taxation plat...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
REDINGTON INDIA LIMITED
Redington (India) Limited operates in the IT product distribution busi...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...