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23 November, 2025

SBI Alert: Important Notice for All SBI Customers

📢 SBI Alert: Important Notice for All SBI Customers

🛑 Service Shutdown from December 1

State Bank of India (SBI) has issued an important alert. The bank will stop its mCASH money transfer service after November 30, 2025.
From December 1, 2025, customers cannot send or claim money through mCASH using OnlineSBI or YONO Lite.


ℹ️ What is mCASH?

mCASH was a convenient feature for SBI internet banking users. It allowed customers to:

  • Send money without adding a beneficiary

  • Use the recipient’s mobile number or email ID

  • Allow the receiver to claim money via a secure SMS/email link + 8-digit passcode

  • Deposit the amount into any bank account using the link or the mCASH app


🔁 What After mCASH?

Since the service is being discontinued, SBI recommends customers to switch to other secure, widely used digital transfer methods such as:

  • UPI

  • IMPS

  • NEFT

  • RTGS

The bank suggests that users can easily make transfers using the BHIM SBI Pay UPI app.


📲 How to Use BHIM SBI Pay (UPI)?

  1. Log in to the BHIM SBI Pay app

  2. Tap ‘Pay’

  3. Choose a method — VPA/UPI ID, Account No + IFSC, or QR Code

  4. Enter the recipient’s details

  5. Select your debit account

  6. Enter your UPI PIN to complete the transaction


✔️ Final Note

Even though mCASH is ending, SBI customers can continue using popular digital payment options without any interruption.

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