HDFC Bank has introduced a new service of ‘Cardless Cash’ through which customers can now withdraw money via ATM without using an ATM or a debit card. With the help of this service, customers can now save themselves from the hassle of carrying a card. Moreover, it shall also minimize the chances of losing the ATM Card.
It is worth mentioning that cash is transferred to anyone only via mobile numbers and the beneficiaries can be added or deleted through NetBanking. Also, a successful cardless cash withdrawal request will be valid for a period of 24 hours from the time the request was created. Once these 24 hours are completed, the request will be reversed to the initiator’s account which was debited.
Feature of HDFC Bank Cardless Cash Withdrawal
- Easy Transfers
- Instant and Hassle-free
- Convenient Withdrawals
- Secure Transactions
How to Withdraw Cash Without an ATM?
Adding a Beneficiary: You will have to register a beneficiary through net banking. However, the registration is only required once per beneficiary. Follow the below steps for registration-
Step 1: Login to net banking and select the ‘Funds Transfer’ tab
Step 2: Click on the request button, click on ‘Add a Beneficiary’ and then ‘Cardless Cash Withdrawal’ option
Step 3: You must enter the required details and tap on the ‘Confirm’ button
Step 4: Enter the OTP received for verification purpose
Note: Once the beneficiary is added, it will take 30 minutes for the beneficiary details to reflect in your account.
Sending Money to the Beneficiary: Follow the instructions mentioned below-
Step 1: Login to Net Banking again
Step 2: Click on the ‘Funds Transfer’ option and then select the ‘Cardless Cash Withdrawal’ option
Step 3: You need to choose the ‘Debit Bank Account’ button and then select a beneficiary from registered beneficiaries list
Step 4: Once done, click on the ‘Continue’ and ‘Confirm’ option
Step 5: Enter the OTP for verification
Step 6: The beneficiary will now receive an SMS containing the OTP, an order ID and the amount
Money Withdrawal from HDFC Bank ATM: Visit any HDFC Bank ATM and follow the steps mentioned below-
Step 1: Select the ‘Cardless Cash’ option from the menu
Step 2: Choose the ‘language’ option
Step 3: Enter the registered mobile number
Step 4: Enter the OTP for verification
Step 5: Enter the order ID and the amount to be withdrawn
Note: Once the details are verified, your cash will be disbursed from the ATM machine.
How much cash can be withdrawn via ‘HDFC Bank Cardless Cash’ facility?
A minimum of Rs. 100 per transaction and up to a maximum of Rs. 10,000 per day or Rs. 25,000 per month for a beneficiary can be initiated through HDFC Bank Cardless cash facility.