UPI ATM cash withdrawal is a new feature that allows users to withdraw cash from an ATM without a debit card. This is done using the UPI (Unified Payments Interface) system, allowing users to make payments and transfers using their mobile phones.
To withdraw cash using UPI ATM, you will need to:
Go to an ATM that supports UPI cash withdrawal.
Select the "UPI Cash Withdrawal" option.
Enter the amount you want to withdraw.
Scan the QR code that appears on the ATM screen using your UPI app.
Enter your UPI PIN to confirm the transaction.
UPI ATM cash withdrawal is a convenient and secure way to withdraw cash. It is beneficial for people who do not have a debit card or who have forgotten their debit card. It is also a more secure way to withdraw cash, as you do not have to enter your PIN at the ATM.
Here are some of the benefits of using UPI ATM cash withdrawal:
Convenience: You can withdraw cash from any ATM that supports UPI cash withdrawal, even if it is not your bank's ATM.
Security: You do not have to enter your PIN at the ATM, so your PIN is not exposed to potential fraudsters.
Flexibility: You can withdraw any amount of cash, up to the daily withdrawal limit set by your bank.
If you are looking for a convenient and secure way to withdraw cash, UPI ATM cash withdrawal is a good option.
Here are some additional information about UPI ATM cash withdrawal:
The daily withdrawal limit for UPI ATM cash withdrawals is set by each bank.
You can use any UPI app to withdraw cash using UPI ATM. Some popular UPI apps include Google Pay, Paytm, and PhonePe.
UPI ATM cash withdrawal is available in over 1 million ATMs across India.
To learn more about UPI ATM cash withdrawal, you can visit the website of your bank or the website of the National Payments Corporation of India (NPCI).
I hope this helps!
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