8:14 am - Monday October 23, 2017

ICICI Bank launches cardless cash withdrawal services

208 Viewed Gautam Comments Off on ICICI Bank launches cardless cash withdrawal services
ICICI Bank Ltd gained 1.4 % on value-buying
ICICI Bank Ltd gained 1.4 % on value-buying

on Wednesday said it would allow consumers to withdraw or transfer cash without debit cards.

To avail this facility, a sender has to register the recipient’s name, number and address. On receiving a six-digit reference code, the recipient can withdraw cash from the bank’s ATMs within two days of the transaction.

“This innovative service will further empower our customers, as well as their families and friends, by giving access to instant money, even without having a bank account or a debit card,” said Rajiv Sabharwal, executive director, ICICI Bank.

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