How To Use Kotak Cardless Cash Withdrawal Facility

Kotak Mahindra Bank has launched a cardless cash withdrawal facility for customers so now you can withdrawal cash from Kotak Bank ATM without using your ATM/Debit Card. Yes, you don’t need to insert your ATM card to collect cash.

You can self withdraw cash at Kotak ATM as well as send money to someone and he/she can collect cash at Kotak ATM. So here we will tell you, how to use Kotak Cardless cash withdrawal facility step by step:

Self Cash Withdraw from Kotak Bank ATM Without ATM/ Debit Card

Open Kotak Mahindra Bank Mobile Banking and login.

Step 1: After login, tap on the Banking section, here you will find the Cardless Cash Withdrawal option. Click on this option.

 Kotak Cardless Cash Withdrawal Facility

Step 2: Now choose Self Withdrawal at an ATM option.

 Kotak Cardless Cash Withdrawal Facility

Step 3: Next screen, enter the amount you want to withdraw (Maximum INR 5000), set your sender code, and submit. (Remember this sender code, you need to enter this code during cash withdrawal)

 Kotak Cardless Cash Withdrawal Facility

Step 4: Finally, confirm your request and submit.

 Kotak Cardless Cash Withdrawal Facility

Step 5: You will receive another SMS code on your bank registered mobile number. You need to enter this SMS code for cash withdrawal at an ATM.

Step 6: Now visit your nearest Kotak Bank ATM and select the Cardless Cash Withdrawal option. Enter your registered mobile number and then enter the sender code & SMS code and collect your cash.

Send Money to another Person via ATM

You can also send money to another person and he will withdraw the amount from Kotak ATM using sender code & SMS code.

Step 1: First you need to register beneficiary so click on Register a Beneficiary.

 Kotak Cardless Cash Withdrawal Facility

Step 2: Enter beneficiary mobile number, name, address and pin code and add this beneficiary.

 Kotak Cardless Cash Withdrawal Facility

Step 3: After adding a beneficiary, now you can send money and he/she will withdrawal the amount from Kotak Bank ATM. Select Send Money to a Beneficiary at an ATM.

 Kotak Cardless Cash Withdrawal Facility

Step 4: Next screen, select an added beneficiary, enter the amount you want to sen, set sender code, and submit & next screen confirm your request.

 Kotak Cardless Cash Withdrawal Facility

Step 5: Now the beneficiary will receive an SMS code on his/her mobile number. Share the sender code with him.

Step 6: And in the last step, the beneficiary will visit an ATM and select the Cardless Cash withdrawal option, enter his/her mobile number, SMS code, and sender code and collect cash.

Please note:

  • You can withdraw maximum INR 5000 using Kotak Cardless Cash Withdrawal facility.
  • If you don’t withdraw cash within 48 hours, your request will be canceled automatically.
  • This facility is available without any charges.