SBI to Retire mCASH on December 1, 2025 — Here’s What Every Customer Should Know
The State Bank of India (SBI) has confirmed that its mCASH service will be discontinued after 30 November 2025, making it unavailable starting 1 December 2025. For customers who relied on mCASH for quick link-based money transfers, this is an important update. Understanding what’s changing — and how to transition smoothly — will help ensure your digital payments remain hassle-free.
What Exactly Was mCASH?
mCASH was a convenient feature that allowed users to send money without adding a beneficiary. Using only a mobile number or email, customers could generate a secure payment link and an 8-digit passcode that recipients used to claim the funds. It was especially helpful for quick, one-time transfers or payments where beneficiary registration felt unnecessary.
Why Is SBI Shutting Down mCASH?
According to SBI, digital payments have advanced significantly, and newer systems such as UPI, IMPS, NEFT, and RTGS now deliver faster, more secure, and universally accepted transactions. mCASH was built on an older platform that no longer aligns with current safety, speed, and interoperability standards. Retiring it allows SBI to streamline services and focus on modern, high-performance digital tools.
Who Will Be Impacted?
- Customers who frequently used mCASH for instant transfers without adding beneficiaries
- Individuals and small businesses that used mCASH links to collect payments
- Anyone still relying on mCASH for ad-hoc digital transfers
For most users already comfortable with UPI or IMPS, the transition will be straightforward.
What Customers Should Do Before 1 December 2025
Stop using mCASH
Do not create or share any new mCASH links after 30 November.
Close pending transactions
Cancel open mCASH links and notify recipients — unused claim links will not work after the shutdown.
Update your digital banking apps
Install the latest versions of YONO, BHIM SBI Pay, or your preferred UPI apps for smooth transitions.
Verify personal details
Ensure your mobile number, email, and bank account information are up to date to avoid issues with newer payment modes.
✔ Learn how to use UPI, IMPS, NEFT, and RTGS
These will become your primary tools for fast and secure money transfers.
Recommended Payment Alternatives (With Quick How-Tos)
1. UPI — Fastest & Most Popular
- Open BHIM SBI Pay, YONO, PhonePe, Google Pay, or any UPI app
- Tap Pay
- Choose VPA, QR code, or Account + IFSC
- Enter amount and confirm with your UPI PIN
UPI payments are instant, secure, and free for most users.
2. IMPS — Reliable for Immediate Bank Transfers
Perfect for urgent transfers that need to go through instantly, even outside business hours.
3. NEFT — For Routine Transfers
NEFT works well for everyday interbank transfers that don’t require real-time settlement.
4. RTGS — For High-Value Payments
Ideal for large or time-critical transfers.
Security Tips During Transition
- Use only official SBI apps or verified UPI apps
- Never share your UPI PIN, OTP, or passwords
- Be alert to fraudulent links pretending to be mCASH replacements
- Contact SBI or visit a branch if you need assistance
- CSCs (Common Service Centres) can help those new to digital banking
Quick Summary
- Last usable day for mCASH: 30 November 2025
- Service ends: 1 December 2025
- Impact: No more link-based money sending or claiming
- Use instead: UPI, IMPS, NEFT, RTGS
- Customer action needed: Update apps, cancel old links, switch to modern payment modes
Final Thoughts
SBI discontinuing mCASH is part of a larger shift toward faster, safer, and more efficient digital payment systems. While you may need a short adjustment period, switching to UPI and other modern transfer options will make everyday transactions smoother and more reliable. Taking a few minutes now to update your banking habits will ensure a seamless transition once mCASH goes offline on 1 December 2025.
