If you want to withdraw money from your Canara Bank account using an ATM machine. But if you don’t have your debit card or ATM card with you. You can still withdraw money from your account. In this article, we are going to learn how you can withdraw money from Canara Bank without ATM card.
How does this Work?
This service is called “Cardless Withdrawal”. By using this, you can withdraw money even if you don’t have your debit card with you.
It works on the basis of the OTP you receive from the bank on your registered mobile number. You must enter this OTP in the Canara Bank ATM to withdraw the money.
If you know about SBI YONO Cash. This system works like that.
Can I Use Other Bank ATM Machine for Canara Bank Cardless Withdrawal?
No, you cannot use the ATM of another bank. Currently, this service is only supported with ATMs operated by Canara Bank.
So if you are planning a cardless withdrawal from your Canara Bank account. Then you should find the nearest Canara Bank ATM only.
What are the Requirements of Cardless Withdrawal?
You will need access to your mobile banking account and a stable internet connection on your smartphone. If you are in a place where your smartphone is out of network coverage. Then you cannot use this service. Because you will not be able to request and receive OTP from the bank.
How to Withdraw Money From Canara Bank without ATM Card?
First of all, you need to install the official Canara Bank mobile banking app on your smartphone. The app is available for iOS and Android users.
Log in to the mobile banking app by entering your account details. After that, tap on the “Cardless Cash” option.
Now you need to select the bank account number you want to withdraw money from. This should be selected if you have more than one account with Canara Bank.
If you only have one account. Then the account will be selected by default. Once you have selected your account number, enter the amount of money you wish to withdraw.
Canara Bank’s minimum cardless withdrawal limit is Rs. 100 and the maximum is Rs. 5,000. So be sure to enter an amount within this range.
The bank will then send you an OTP to your registered mobile number. This OTP will be valid for the next 15 minutes. So now you have to go to any Canara Bank ATM within 15 minutes.
Visit the Canara Bank ATM machine, tap on Cardless Cash → Enter the OTP you received from the bank → Enter the amount you want to withdraw → Collect the money from the ATM machine.
Conclusion
This is how cardless withdrawal works for Canara Bank customers. If you need more help, you can call customer care at 1800 425 0018. (toll-free)