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Canara Bank introduced OTP facility for ATM withdrawal

Canara Bank introduced OTP facility for ATM withdrawal_50.1

Public sector Bank, Canara Bank has launched India’s first OTP facility for ATM withdrawals. This additional factor of authentication protects from unauthorized ATM cash withdrawals for cardholders. Now Canara Bank ATMs get safer and more secured with OTP facility on cash withdrawals above ₹10,000 in a day.

Static/Current Takeaways Important For RRB Main 2019:

  • Canara Bank Chairman: Shri. T.N. Manoharan, Headquarters: Bangalore.
  • MD & CEO: R A Sankara Narayanan.

Source: The Livemint

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