How Does Yono Cash Work?

What is Yono cash point?

YONO Cash can be used to withdraw cash at over 16,500 SBI ATMs across the country.

SBI is the first bank to offer this service in India.

The ATMs enabled for this service will also be termed as YONO Cash Point.

How do you withdraw money from Yono?

Below the balance amount tab, enter the amount you want to withdraw from the ATM and click on ‘Next’. Initiate the cash withdrawal process through the YONO website by entering a six-digit YONO cash pin for the transaction.

What is Yono cash in SBI?

SBI customers can use the YONO app on their smartphones to withdraw cash from SBI ATMs, or YONO Cash Points, without using their debit and credit cards. Once a request for withdrawing cash is placed, a 6-digit code will be sent to the user’s phone via SMS, which will then have to be entered into a YONO Cash Point.

Can I withdraw cash from ATM without card?

In the above process, you can withdraw cash from an ATM without using a debit card. However, if you want to transfer money to a person (beneficiary) who does not have a savings account with the bank, you can do that too. The beneficiary will receive an SMS verification code on his/her mobile number.