OTP is mandatory if you withdraw more than 10000 from ATM

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New delhi date. 28. Wednesday, August 2019

ATMs have now become an integral part of people's lives. However, with it now the cases of frauds from ATMs have increased.

As part of this, a new rule has now been implemented by Canara Bank of the government. According to the customer, if the customer has to withdraw more than Rs.

It is believed that other banks may also follow the Canara Bank mandatory OTP in ATMs.

The Delhi State Level Banker Committee has also suggested that a period of 6 to 12 hours should be kept between the two ATM transactions in order to prevent ATM depreciation. These are also being considered.

In 2018-19, 980 ATM fraud cases came from all over the country.

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