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Yono Cash is a digital banking service introduced by State Bank of India (SBI) to provide a hassle-free cash withdrawal experience to its customers. With Yono Cash, SBI customers can withdraw money without a debit card from an SBI ATM. However, like any other banking service, there are certain limits on the amount of cash that can be withdrawn using Yono Cash. check into cash anaheim.
The daily withdrawal limit for Yono Cash is set at Rs. 10,000. This means that a State Bank of India customer can withdraw up to Rs. 10,000 in a day using Yono Cash service. Note that this daily limit is applicable to both new and existing customers of the bank.
It is important to note that the daily limit for Yono Cash is separate from the daily ATM withdrawal limit of the customer's bank account. For instance, if an SBI customer has an ATM withdrawal limit of Rs. 20,000 per day, they can still use Yono Cash to withdraw another Rs. 10,000 from an SBI ATM. Therefore, the maximum daily limit for cash withdrawal using both Yono Cash and ATM is Rs. 30,000.
It is easy to check the daily limit for Yono Cash on the SBI Yono app or website. Here are the steps to follow:
If a State Bank of India customer exceeds the daily limit for Yono Cash, the transaction will be declined, and no cash will be dispensed. It is always advisable to plan your cash requirements beforehand and stay within the daily limit. cash money news. Exceeding the Yono Cash daily limit may also lead to account suspension or termination.
Yono Cash is a convenient service offered by SBI, allowing customers to withdraw cash from an SBI ATM without a debit card. However, it is important to note the daily withdrawal limit of Rs. 10,000 for Yono Cash, which is separate from the customer's daily ATM withdrawal limit. By following this limit, customers can avoid any transaction declines, account suspension, or termination. Stay aware and stay within the limit.