SBI Service: If you have an account with the State Bank of India (SBI), this is some important news for you. SBI is ending a key service that will affect millions of users. Let’s see which service is being discontinued starting December 1st.
Which feature is going away?
SBI customers will lose access to the mCASH feature starting December 1st. The bank has made it clear that sending and claiming mCASH will no longer be possible on OnlineSBI and YONO Lite after November 30, 2025. As a result of this decision, anyone who used this feature before will no longer have it available.
The mCASH service from SBI lets customers send money quickly and easily. You can complete transactions just by entering a mobile number or email address. This feature was designed for small, quick payments. However, it will be discontinued on December 1st, and after that date, no one will be able to use it.
Why is the bank discontinuing the mCASH service?
The State Bank of India (SBI) has announced on its website that the mCASH service will be unavailable after November 30, 2025. Customers are encouraged to switch to modern and secure payment methods like UPI, IMPS, NEFT, and RTGS instead. The bank aims to enhance the security, speed, and reliability of digital transactions. Since mCASH relied on outdated technology, it is being phased out in favor of a new digital platform.
How will you send money starting December 1?
With the discontinuation of mCASH, users can now transfer funds using BHIM SBI Pay (UPI App), IMPS, and various other digital methods. Let’s explore how you can send money via BHIM SBI Pay. Using the BHIM SBI Pay app for payments is quite simple. First, log into the app and choose the ‘Pay’ option. Next, pick one of the choices from VPA, Account-IFSC, or QR code and enter the necessary information. After that, select your debit account and hit the ‘tick mark’. Finally, input your UPI PIN, and your transaction will be processed immediately.