SBI has decided to discontinue the mCASH service from December 1, 2025. Customers are now advised to use digital payment options such as UPI, IMPS, NEFT, and RTGS. After November 30, 2025, the ability to send and claim mCASH will no longer be available on OnlineSBI and YONO Lite.
Add informalnewz.com as a Preferred Source
SBI Big Update: The country’s largest bank, State Bank of India (SBI), has issued important news for its account holders. SBI is discontinuing a major service. This will cause difficulties for many users in sending money. Starting December 1st, SBI customers will no longer be able to use the mCash feature. The State Bank stated that after November 30, 2025, the facility to send and claim mCash will no longer be available on OnlineSBI and YONO Lite. Following this decision, users who previously used this service will no longer be able to use it.
The SBI mCash service is a convenient way for customers to send money using only their mobile number or email address. Designed for small transactions and instant payments, this feature will no longer be available to customers starting December 1st.
Why was the mCash service discontinued?
The bank says that mCash ran on outdated technology, which wasn’t fast enough or completely secure in today’s times. Therefore, by saying goodbye to it, SBI aims to make digital payments stronger, faster, and more reliable. So, if you still use mCash, quickly switch to UPI, or you might regret it after November 30th.
SBI has decided to completely discontinue its old mCash service from December 1, 2025. After this date, no money will be transferred using mCash. The bank has clearly stated on its website that customers should now use new and highly secure methods like UPI, IMPS, NEFT, and RTGS.
What should users do if mCash is discontinued?
You won’t face any problems if mCash is discontinued. SBI has made all the necessary arrangements for this. Now, you can easily send money through BHIM SBI Pay, the UPI app, IMPS, or other digital methods. These methods are not only fast but also super secure. The BHIM SBI Pay app, in particular, is so simple that it takes just two minutes to send or receive money without visiting a bank. Millions of people are already using it and are happy. Sending money using BHIM SBI Pay is also very easy. To do this, first open the app, log in, and press the ‘Pay’ button. Three options will then appear: VPA (e.g., name@SBI), account number plus IFSC, or scan a QR code. You can select whichever is more convenient. You can select your debit account and press the tick mark. Upon entering the UPI PIN, the money will be transferred to the recipient’s account. To address this, efforts are now underway to promote modern methods like UPI, IMPS, NEFT, and RTGS.
How did mCASH work previously?
If you’re an SBI customer using internet banking and need to send money to someone, but don’t want to bother registering the recipient as a beneficiary, you could simply enter their mobile number or email address, enter the amount, and the money would be transferred directly to mCASH.
Now, the recipient will receive an account with any bank. They will receive an SMS or email containing a secure link and an 8-digit passcode. By downloading State Bank’s mCASH app or clicking on the Online SBI link, you log in to your account and enter the passcode. You could use it without registration or waiting.
Read More: Sheikh Hasina sentenced to death in Bangladesh, India’s response will infuriate Yunus
🙏 Support Independent Journalism
We keep news free for you.
Most readers support with ₹500 ❤️
or scan QR below
Voluntary contribution. No tax benefits.
Add informalnewz.com as a Preferred Source
DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
