Key Points
Now you don't have to carry your debit cards to withdraw your cash from an Automated teller machine (ATM)..
According to the Reserve Bank of India (RBI) directives, cardholders are allowed to have interoperable cardless cash withdrawals across all bank ATMs in the country...
For example, if you are a cardholder of Bank of Baroda (BOB) and you couldn't find a bank ATM nearby, you can use any other bank ATM to withdraw cash..
If a withdrawal fails at an ATM due to a technical glitch and the amount gets deducted from your account, inform your bank immediately..
Through this interoperable cardless cash withdrawal transaction in BOB, customers can avail of two transactions in a day per account, with a withdrawal limit of Rs 5,000 per transaction..
