Withdraw money without Debit Card

Incase you forgot your Atm what will you do??

Well, this is very much possible now and today i will explain the step-by-step process to you in this regard.....

1. Firstly, you need to register yourself to avail this service. You could either do it at your bank’s branch or through Internet banking. You can also call on bank’s customer service centre in this regard.

2. Once you have registered for this service, you will get a 4-digit MPIN (Mobile Personal Identification Number). Just like your ATM pin, you can use MPIN as user transaction security pin or authority code.

3.  After the registration, though MPIN you can use services like User Intra Bank, Mobile to Mobile, Mobile to Account Transfer, and Net Electronic Fund Transfer.

4. There is, however, a limit to the amount of money you can withdraw using this service in a day. It is Rs. 5000.

With IMPS, this limit for fund transfer will be extended to Rs. 30,000 while with regard to SMS it will be Rs.4000 per day. However, with regard to all bill payments the limit is Rs. 20,000 per transaction per day.

5. First open the Indus Mobile Application. Thereafter, enter MPIN and click on Cordless Withdrawal button. Enter the amount you wish to withdraw afterwards.

You will then get a temporary password at your registered mobile number from the bank. Through this password, you will be required to generate another password using the application.  

6. Now select cash on mobile option on the screen of ATM machine and in the box enter your mobile number, amount, temporary password sent by the bank, and also the password generated by you.

If you have entered the correct information, the ATM machine will dispense the money. Using this application, you can also transfer funds to a third party.

Note: Currently only few banks are providing this service to their customers.