The country’s largest lender State Bank of India (SBI) will make OTP-based cash withdrawal facility operational round the clock at its ATMs for transactions of Rs 10,000 and above from September 18.

In January this year, the lender had introduced OTP-based cash withdrawals for above Rs 10,000 between 8 PM–8 AM through all its ATMs.

For withdrawals of Rs 10,000 and above, the bank’s debit cardholders will now have to enter OTP (one-time password) sent on their registered mobile numbers along with their debit card PIN each time, a release said.

Read more at TOI