Steps to Withdraw Money From SBI POS Machine

sbi state bank of india
1st May 2018 | Category: Banking How to

Banks offer various modes by which a customer can withdraw money like ATM, cheque book, bank receipt. SBI offers another method i.e. POS machine. Also refered to as Mini banks, cash withdrawal at Point-of-Sale (POS) machine is very easy. Check out the POS cash withdrawal limit in SBI and how to withdraw money from SBI POS Machine

This is an another method by which a customer can get cash with debit card other than ATM. All you need to do is go to nearest SBI bank or mini-bank with your debit card and withdraw money. SBI is one among the rare bank that offers cash withdrawal from POS machine. Here are the steps to get cash at POS in SBI

SBI POS Cash Withdrawal

Customers can get money by following steps

  • Visit the nearest SBI bank branch in your area. Be sure you have SBI debit card and SBI registered mobile number with yourself
  • Now Swipe your ATM card/ Debit Card at POS machine
  • Select the option of Debit displayed in POS machine
  • Now enter the amount you want to withdraw and press enter (Green button usually)
  • It will prompt for 4 digit ATM PIN
  • Enter your SBI Debit Card ATM PIN and confirm by pressing the enter button
  • The transaction will be processed, collect the receipt from the POS machine
  • The POS machine will generate two copies, one for bank and other customer copy
  • Now, give the bank copy to cashier and keep customer copy with yourself
  • The cashier will give you cash

Thus it is the simplest method by which one can get cash using ATM Card. The POS machine not only allows you to withdraw money but you can also deposit cash in your bank account. Using POS machine in banks save times and reduce the waiting hours in long queues and even it is simpler than ATM machine.

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