Icici has been experimenting a lot with its cardless transaction features. Nowadays, which many are not aware of that ICICI Bank has rolled out a new method of cash withdrawal from selected local shops (Though, this service is being currently offered in Mumbai only).
Transaction Limits: For a Cardless transaction at ICICI Atm, it’s daily and the per transaction limit is Rs. 20,000/-, whereas transactions from the local Shop start with a minimum value of Rs. 100/-, but has to be a round-off of Rs. 100. Thereafter per transaction limit is Rs. 5000/-, per day limit of Rs. 10000/- and a Maximum of 3 transactions per day are allowed. All the cardless transaction is limited to 6hrs period afterward it expires and needs to generate a new one.
This feature can be enabled from the Services column, Cardless Cash Withdrawal tab where you will get the option to select at ICICI ATM or at Local Shop and List of Local shop nearby.
Cardless Transaction Require a registered phone number for a unique code which you will receive via SMS along with a temporary pin generated for the transaction. For ATM withdrawal while in ATM you need to select the cardless transaction option and enter registered mobile number, temporary Pin, and Unique Code.
For Local Shop, you need to provide Registered Mobile Number, 4 Digit Temporary Pin, and Unique code received via SMS.