SBI has introduced QR based cash withdrawal facility for its customers in SBI ATM through Yono Lite SBI. Now SBI account holders are not required to carry ATM card for cash withdrawal in their wallet.
So it’s the most significant update by the State bank of India, where the customers of SBI can avail this facility by using the Yono Lite SBI in their smartphones.
The SBI Yono Lite app is also a handy app for customers, which launched in India a few years ago; the app is just a few MB’s and is very fast to load.
It offers a wide range of services such as banking, account, UPI, bill/merchant payment, bill payment, services and recharges for customers. These are the top banking services through the SBI Yono Lite app.
- Funds Transfer Within Self Accounts
- Third-Party Transfer Within SBI
- Inter-Bank Transfer ( RTGS / NEFT / IMPS)
- Yono cash withdrawal
- QR cash withdrawal
- UPI transfer
- Quick transfer and donations
- Balance enquiry
- Fund transfer
- Bill payment
QR Cash withdrawal is an excellent service, which is newly added in the Yono Lite SBI. So, if you have an account with SBI, you can get this feature through the Yono Lite SBI app.
QR Based Cash Withdrawal
So, if you are an SBI account holder, then now, you can avail this facility through the Yono lite app. So you have to download and install the Yono lite app on your smartphones from the Google Play store.
Log in with your Internet banking credentials, such as customer ID and password or M-PIN. You will find this option at the top left of the home page on the Yono Lite app.
Here, you have to click on the ‘QR Cash Withdrawal’ option, and the phone’s scanner will start scanning the OR code. But here, you will not get the QR code to scan; you have to go to the updated SBI ATM to withdraw cash through QR code scanning.
You don’t need to enter OTP, UPI ID or UPI PIN for withdrawal cash through QR based cash withdrawal feature in Yono Lite SBI.
If you want to know more about Yono Cash withdrawal, click here, withdraw cash through QR Code in SBI, or cash withdrawal via ‘QR based cash withdrawal’ in Yono Lite SBI; details are given below in fact.
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QR Code Cash Withdrawal In Yono Lite SBI
For QR Cash facilities, go to any advanced SBI ATM and click on the QR cash option that appears on the ATM screen. Enter the amount you agree to withdraw. The QR code will appear on the ATM screen.
Now, open your Yono Lite app by logging in to SBI or M-PIN details and click on the QR Cash withdrawal option. Here, it would help if you allowed the camera to scan the QR code on your smartphone. The scanner of the smartphone will scan the QR code.
After completing the scanning process, click on the continue option, which will appear on the ATM. After a while, the amount you entered for withdrawal will be received from the ATM.
The QR cash withdrawal option is the easiest for the users compared to the previous Yono cash as it has to complete a few steps for cardless cash withdrawal from SBI ATM.
In this way, you can get the cardless facility in SBI through the Yono Lite app. If you have not updated Yono Lite, it may not appear, so you will have to update the app to get this option.
Services via Yono Lite SBI
- Debit card Hostlisting
- Manage Debit Cards Access Channels
- Manage Limits for Debit Card Transactions
- Aadhaar Linking
- Cheque Book Request
- Online Nomination
- TDS enquiry
- Submit 15G / 15H Online
- Manage UPI Account
- Change Maturity Instructions for e-deposit
Besides, here you can enable/disable your UPI account at any time by selecting the ‘UPI Transfer’ option.
All you Need for Yono Lite SBI
The android operating system, Android version 4.2 or above, will require a smartphone to run Yono Lite SBI app.
Mobile data or WiFi will be required for the Yono Lite SBI app. Besides, it would help if you had an Internet Banking user ID and password to log in.
Also read: Change UPI PIN in GPay