HDFC bank has launched a Cardless Cash Withdrawal service where you can allow other people to withdraw cash just by knowing their mobile number, check below for the steps or process for HDFC Bank Cardless Cash Withdrawal from ATM and its benefits.
HDFC Cardless Cash Withdrawal
To use this Cardless Withdrawal service you don’t need any ATM card or any bank account details from the beneficiary.
Cardless Cash Withdrawal HDFC
To initiate a cardless cash withdrawal to another person or beneficiary, see the below steps:
#1. First login to HDFC Net banking and go to the Funds Transfer Tab.
#2. Now go below and Choose the Cardless Cash Withdrawal Option and Go, see below image.
#3. Now click on Add a Beneficiary link.
#4. Now enter Beneficiary Name, Mobile number and PAN card / Voter ID / Aadhaar(optional) then Click on Add and Confirm.
#5. Now you will receive a OTP to complete adding of beneficiary.
#6. Beneficiary activation takes 30 minutes to get added.
#7. After 30 minutes see the View List of Beneficiaries(follow steps 1,2 again).
#8. Now enter the amount that you want the beneficiary to withdraw from ATM.
#9. Beneficiary will receive an OTP and 9-digit order id via SMS upon above steps done.
How to Withdraw Cardless Cash from HDFC ATM
Below are the steps for Cash Withdrawal from HDFC Bank ATM by the beneficiary.
#1. Now visit any HDFC bank ATM
#2. Now choose Cardless Cash option on the ATM screen
#3. Now it will ask for the OTP(enter the OTP you received), Mobile number and 9-digit order id
#4. Enter the details, and upon successful authentication, ATM will dispense the cash.
HDFC Cardless Transaction Limits
The minimum cardless cash withdrawal is Rs 100 and the maximum is Rs 10,000 per transaction and Transaction limit is Rs 25,000 Per month.
For a newly added beneficiary, the withdrawal limit as prescribed by Bank which is Rs.10,000 per day and a maximum of Rs.25,000/- per month.
There are no charges for using HDFC Bank Cardless Cash Withdrawal Service.