UPI ATM Cash Withdrawal:- Get full details on UPI ATM Cash Withdrawal from here. Now it is feasible to withdraw money without ATM card. Hitachi Payment Services in collaboration with National Payments Corporation of India has set afloat UPI-ATM as White Level ATM (WLA). Hitachi Payment Services is a subsidiary of Japan-based Hitachi. Through this Hitachi Money Spot UPI ATM, customers can withdraw cash without debit or credit card. UPI ATM cash withdrawal is a convenient and secure way to access your funds.
With the rise of digital payments, UPI (Unified Payments Interface) has become increasingly popular in India. Through the UPI platform, users can link their bank accounts and make instant transfers to merchants or individuals. Now, with UPI ATM cash withdrawal, you can easily withdraw cash from ATMs using your UPI-enabled mobile app. This eliminates the need for physical debit or credit cards and provides a seamless experience for users. Simply select the UPI option at the ATM, enter your registered mobile number, and authenticate the transaction on your mobile app. It’s quick, easy, and ensures that you always have access to your money when you need it.
UPI ATM Cash Withdrawal
Now UPI ATM Cash Withdrawal has set afloat in India. You can withdraw cash from ATM without using debit card. Japanese company Hitachi has institute this UPI ATM. The Hitachi Money Spot UPI ATM was showcased at the Global Fintech Fest 2024 in Mumbai on September 5, 2024. The UPI ATM Cash Withdrawal Limit is Rs 10,000 per day set by the NPIC. All banks also foist some limits for withdrawing money from ATMs. That is, different banks have their own rules concerning how much money you can withdraw from the ATM.
Here we are discussing the cash maximum of some top banks in the country. The daily cash withdrawal maximum from SBI Classic Debit Card or Maestro Debit Card is Rs 20,000. A maximum of Rs 25,000 can be withdrawn from the account connect to the PNB Classic Debit Card. The daily cash withdrawal limit from the account connect to the Gold Debit Card is ₹50,000. Bank of Baroda’s BPCL Debit Card can withdraw ₹ 50,000 in a day,₹ 50,000 from MasterCard DI Platinum Debit Card.
UPI ATM Cash Withdrawal Details
Article Name | UPI ATM Cash Withdrawal |
Category | News |
Authority | National Payments Corporation of India |
Launched Date | 5 September 2024 |
Launched by | Japan Hitachi Payment Services |
Cash withdrawal Limit | 10,000 |
Official Website | Click Here |
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UPI ATM Cash Withdrawal Charges
If I use UPI to withdraw money from an ATM, will there be any additional fees? the entire procedure from this point on. The fees for withdrawing cash from an UPI ATM may vary by bank. As of now, this office is accessible in a couple of banks. Likewise, administration is accessible on RuPay check card as it were. Steadily MasterCard and Visa will likewise come into this organization. Now, the question is whether there will be an additional fee for using UPI to withdraw money from an ATM.
First and foremost, the customer must select the UPI cash withdrawal option at the ATM when making a cash withdrawal. The customer must then enter the desired withdrawal amount. Your bank account should contain this amount.
UPI ATM Cash Withdrawal App
Even if you don’t have a debit card, you can get cash from UPI ATM Cash App machines. You will need to use an app based on UPI for this. However, not every ATM machine currently offers this feature. You will be able to easily take advantage of the ATM machine’s cash withdrawal feature as soon as the UPI option is added. For this, you can utilize many kinds of UPI applications like Google Pay, Paytm, Telephone Pay and so on. Those who have misplaced their debit card at home will be able to take advantage of this facility.
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Process to ATM cash withdrawal using UPI
- For this, first of all you have to choose the amount you want to withdraw from the ATM.
- After this a QR code will show on the screen for the choose amount.
- Now you have to scan the QR card using any UPI app obtainable on your mobile phone.
- You will require to enter your UPI PIN on your mobile to authorize the transaction.
- Once give permission for, the ATM will dispense cash.
Conclusion
UPI ATM Cash Withdrawal has proven to be a convenient and efficient method for individuals to access cash. With the increasing popularity of digital payments, UPI ATM Cash Withdrawal offers a seamless integration between digital wallets and traditional ATMs. This allows users to withdraw cash directly from their mobile devices without the need for physical cards or PIN numbers. The process is simple and secure, providing users with peace of mind while accessing their funds. As more people embrace digital payment solutions, UPI ATM Cash Withdrawal is becoming an essential component of the modern banking experience. It offers a convenient alternative to traditional cash withdrawals and ensures that individuals can access their money whenever they need it.
FAQ About UPI ATM Cash Withdrawal
Can I use UPI to withdraw money from ATM?
Yes you can use UPI to withdraw money from ATM as per the RBI guidelines.
Can we withdraw cash from ATM using GPAY?
To withdraw cash from ATM using GPAY, you have a Payment Application in your device.
How can withdraw cash from ATM?
The process to withdraw cash from ATM is given in this article.
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