PNB Cardless Amount: After the order of RBI, Punjab National Bank has started a new facility for its customers. After this facility, customers will now be able to withdraw cash from ATMs without a card.
Public sector leader Punjab National Bank (PNB) has launched a new facility. Crores of customers of PNB will get the benefit of this facility. Under the new facility, the bank has started the facility of cardless cash withdrawal (PNB Cardless Cash Withdrawal) to make the transaction more convenient and easy for the customers.
Cash will be withdrawn from ATM without using card
After the introduction of this facility, now customers will be able to withdraw cash from ATM without using the card. Apart from this, the bank has also launched Virtual Debit Card.
On the occasion of its 128th Foundation Day, PNB has launched a new range of select digital services on the PNB One mobile app to enable safe banking transactions for its customers.
PNB introduced many new features
Punjab National Bank MD and CEO Atul Kumar Goyal said that on a strong path of recovery in the financial sector, PNB is witnessing strong growth.
With this, PNB has redefined its commitment to digital transformation by introducing several new features.
How to do cardless cash withdrawal
Card-less withdrawals through ATMs have already been introduced by some banks in the country. But under this facility, the customer can withdraw cash from the ATM of the same bank in which he has an account. Unified Payments Interface (UPI) is used for such transactions from ATMs.
what will be the benefit
One after the other, many banks are implementing the card-less cash withdrawal system. After the implementation of this facility, it will help to prevent frauds like skimming, card cloning or device tampering when withdrawing from ATM without a card.
Let us tell you that RBI had talked about introducing card-less cash withdrawal facility for all banks in the first MPC meeting of the financial year.
