UPI ATM : You can withdraw money from an ATM even without a debit card, know how…
UPI ATM: In the digital age, everyone is transacting online. But many times when people need cash, that’s why people stand in line at ATMs.
Do you know you can withdraw cash from an ATM without an ATM card i.e. a debit card. If you don’t know about it, today we will tell you about this special advantage in detail.
If you want to take advantage of this special facility, you should only have a mobile phone with you. After which you can get this facility. You cannot get this facility without a smartphone.
UPI ATM is a special facility to withdraw cash from ATM without ATM card. Through this you can easily withdraw money from your bank account through UPI.
How much cash can you withdraw?
Generally all users can easily withdraw cash up to Rs.10,000 through UPI. The UPI transaction limit in this facility depends on the limit set by the bank.
Benefits from facilities
The process of withdrawing money from UPI is very easy. Also you don’t need to keep your debit card with you. However, you will get this facility only at ATMs that support UPI.
Know the complete process
- First of all, select the UPI cash withdrawal option at the ATM.
- After that, enter the amount you need. Now you have to scan the QR code that appears on the display.
- After that UPI PIN has to be entered. After entering the UPI PIN, cash will be withdrawn from the ATM.
How safe is this method?
The method of withdrawing cash from the UPI app is considered to be the most secure. Regarding this facility, RBI said that this facility is very safe. ATM cards cannot be cloned at this facility. This means that you are protected from direct fraud.
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