YONO Cash is a unique feature of the State Bank of India (SBI). One can easily withdraw cash from ATMs, POS terminals, and Customer Service Points (CSPs), without needing a physical card. However, this needs to be done within the YONO cash withdrawal limits.
The SBI YONO cash withdrawal limit ranges from INR 100 to INR 20,000 per day. The daily and monthly limits of YONO cash withdrawals are different, which also vary based on the method/ channel chosen. Let’s explore the minimum and maximum YONO cash withdrawal limits.
| Key Takeaways |
| The maximum SBI YONO cash withdrawal limit per day is INR 20,000. |
| YONO Cash withdrawal is available at multiple channels, including ATMs, POS, or CSP terminals. |
| The withdrawal limit of YONO Cash must follow the specific transaction multiples- INR 500 for ATMs and INR 100 for POS and CSP. |
Table of contents
What is SBI YONO Cash?
SBI YONO cash is a feature of the State Bank of India’s digital banking platform YONO (You Only Need One). It allows account holders to apply for YONO SBI education loans and withdraw cash from SBI ATMs without the need for a debit card.
The YONO Cash comes with flexible withdrawal limits, enhanced security, and eco-friendly benefits. There’s no physical card required. With YONO Cash, you just need your phone to access money.
- Minimal risk of fraud and card skimming as no physical card is involved.
- Higher daily YONO cash limits provide flexibility and convenience to access cash.
- All transactions are secure and are processed using the Transaction Reference Number shared with the registered mobile number.
Also Read: This blog includes the details about the International Debit Card withdrawal limits. To know more about it read the blog.
What is the YONO Cash Withdrawal Limit?
YONO Cash covers a wide range of withdrawal needs—from small purchases to larger cash requirements. It can be withdrawn using multiple channels, each having its own set of limits.
And since YONO Cash transactions are free of cost, it’s a hassle-free way to access funds without worrying about extra charges. Check out the SBI YONO cash limit below based on new rules for cash withdrawals from banks-
| YONO Cash Variant/ Withdrawal Channel | Daily Limit (INR) |
| ATM | 20,000 |
| POS (Cash) | 2,000 |
| CSP | 20,000 |
| POS (Shopping) | 20,000 |
YONO Cash ATM Withdrawal Limit
The YONO cash ATM withdrawal limits give you a good range for everyday transactions. You can easily access a substantial amount of cash when needed.
- Minimum Withdrawal- INR 500
- Maximum withdrawal- INR 20,000 per day
- Withdrawals can only be made in multiples of INR 500
POS (Point-of-Sale) YONO Cash Withdrawal Limit
The YONO Cash withdrawal limit at POS terminals comes with a smaller limit amount. However, it is handy while shopping or at retail outlets.
- Minimum Withdrawal- INR 100
- Maximum withdrawal- INR 2,000 per day
- Withdrawals can only be made in multiples of INR 100
CSP (Customer Service Point) YONO Cash Withdrawal Limit
Similar to YONO ATM cash withdrawal limits, CSP withdrawals also support higher withdrawal limits. You can access larger sums of money easily.
- Minimum Withdrawal- INR 100
- Maximum withdrawal- INR 20,000 per day
- Withdrawals can only be made in multiples of INR 100
POS (Shopping) Transaction Limits
When it comes to shopping, YONO Cash allows you to make payments in addition to cash withdrawals. The YONO cash limit here is pretty generous, giving you the flexibility to shop without needing a physical card.
- Minimum Withdrawal- INR 100
- Maximum withdrawal- INR 20,000 per day
- Withdrawals can only be made in multiples of INR 100
Also Read: Know all about the SBI education loan repayment plan here to repay your loan efficiently. Check the various online payment methods.
How to Withdraw SBI YONO Cash?
YONO Cash is a convenient, cardless way to withdraw money or make payments at ATMs, POS terminals, and CSPs. With the flexibility it offers, it’s essential to know how to use it effectively while staying within the SBI YONO cash withdrawal limits. Here’s a simple step-by-step guide-
- Open the YONO app, log in, and go to the ‘YONO Cash’ tab.
- Choose where you want to transact: ATM, POS (Shopping), or CSP.
- Specify the amount to withdraw or pay. Ensure it adheres to the SBI YONO cash withdrawal limit for the selected channel.
- Set a unique YONO Cash PIN for the transaction. This PIN will only be visible on the screen during creation.
- A transaction reference number will be generated and sent to your registered mobile number via SMS. The reference number is valid for 4 hours.
- At the ATM, POS, or CSP, enter the amount, reference number, and your YONO Cash PIN.
- For cash withdrawals, withdraw the full amount in a single transaction.
- For shopping, partial payments are allowed, but the reference number can only be used once.
- You’ll get a debit notification on your registered mobile number. You can also check recent transactions in the YONO app under the Transactions tab.
Factors Affecting SBI YONO Cash Withdrawal Limits
Various factors like the type of channel, bank account type, and bank’s regulatory policies influence the withdrawal limits. Let’s have a look at the factors that determine the limit of YONO cash withdrawal-
Bank Account Type
The type of SBI account may influence the overall transaction limits. For example, savings account cash withdrawal limits are different compared to current account limits. Always check the specific limits applicable to your account.
Type of Transaction Channel
The withdrawal limits vary based on the channel you choose. For example, ATM, POS (shopping), and CSP transactions have a daily withdrawal limit of INR 20,000, but POS cash withdrawal limits are capped at INR 2,000 per day.
Regulatory Policies
Banking guidelines and RBI regulations may also impact the withdrawal limits or introduce periodic updates to ensure customer security and convenience.
Make sure to use this innovative feature of SBI within the YONO cash withdrawal limits to enjoy secure, cardless banking. Since no physical card is required, using YONO Cash is also a greener option, contributing to the reduction of plastic waste.
FAQs
SBI YONO Cash is a feature of the State Bank of India’s digital banking platform, allowing users to withdraw cash from ATMs, POS terminals, and Customer Service Points (CSPs) without a physical debit card.
The YONO Cash withdrawal limit ranges from INR 100 to INR 20,000 per day, depending on the channel used.
The maximum YONO cash withdrawal limit is INR 20,000 per day.
The YONO cash ATM withdrawal limit is a minimum of INR 500 and a maximum of INR 20,000 per day, with withdrawals in multiples of INR 500.
The daily withdrawal limit for YONO Cash is INR 20,000 across various channels (ATM, POS shopping, CSP). For POS cash withdrawal, the per day limit is INR 2,000.
To withdraw money from YONO, log into the YONO app, select ‘YONO Cash’, choose the transaction channel (ATM, POS, CSP), specify the amount, set a unique PIN, and generate a transaction reference number. Use this number at the chosen channel to complete the withdrawal.
No, there are no charges for using YONO SBI for cash withdrawals.
To increase the limit in SBI YONO, you may need to contact customer service or visit your local branch for assistance based on your account type and eligibility.
The minimum balance requirement may vary based on the specific SBI account type linked to YONO. Some accounts have zero minimum balance requirements while savings accounts have different requirements.
Factors affecting the SBI YONO cash withdrawal limit include the type of bank account (savings vs. current), the chosen transaction channel (ATM, POS, CSP), and regulatory policies set by the bank.
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