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  • SBI to Shut Down mCASH From Dec 1: Key Changes for Users

SBI to Shut Down mCASH From Dec 1: Key Changes for Users

Starting December 1, 2025, SBI is discontinuing this specific service. As an alternative, the bank has advised customers to use other money transfer methods.

1 Min read
Author : Ajay Joseph
Published : Nov 16 2025, 10:45 AM IST
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13
SBI Important Announcement
Image Credit : X

SBI Important Announcement

Starting Dec 1, 2025, SBI's mCASH on OnlineSBI & YONO Lite will stop. Sending money via mobile/email won't work. SBI suggests using UPI, IMPS, NEFT, or RTGS instead.

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From December 1
Image Credit : Bloomberg.com

From December 1

With mCASH, SBI users sent money via OnlineSBI. Recipients got a link & passcode to claim funds. The app was simple: download, set MPIN, and transfer to any bank account.

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mCASH Service Discontinuation
Image Credit : Getty

mCASH Service Discontinuation

With mCASH gone, SBI customers can use UPI via the BHIM SBI Pay app for instant transfers. It also supports bill payments, recharges, and shopping, ensuring seamless transactions.

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About the Author

AJ
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences.Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats.
State Bank of India
Business
Unified Payments Interface
Bank

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