ICICI Bank has confirmed the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs.
The service deepens cashpoint efficiency, enabling customers to withdraw cash from over 15,000 ATMs of the bank by simply raising a request on ‘iMobile’, its mobile banking application.
The ‘Cardless Cash Withdrawal’ service can be used for self-withdrawal when customers do not wish to carry the debit card. The daily transaction limit as well as per transaction limit is set at Rs. 20,000.
Speaking on the launch, Anup Bagchi, Executive Director, ICICI Bank emphasised: “ICICI Bank has been at the forefront of digital innovations since its inception. The offering of ‘Cardless Cash Withdrawal’ from iMobile enables our customers to withdraw cash securely and conveniently for everyday usage and purchases, all from the convenience of their mobile phone.
“We believe that this proposition of cash withdrawal from an ICICI Bank ATM without using a debit card offers a speedy and unique experience to our customers. We at ICICI Bank will continue to focus on innovations in technology at all channels and touch-points that will bring more convenience to the customers.”
The launch continues a positive trend within the industry of placing a deepened focus on heightening efficiency and the overall consumer experience.