UPI ATM Cash Withdrawal: Withdraw Money Without Debit Card Using Your Phone
Digital payments have become extremely popular in India. Most people now prefer using UPI apps like Google Pay, PhonePe, and Paytm for quick transactions. But many still require cash for daily needs.
The good news is that you can now withdraw cash from an ATM without using a debit card. With the help of UPI technology, users can simply scan a QR code and withdraw money instantly from supported ATMs.
What is UPI Cardless Cash Withdrawal?
UPI cardless cash withdrawal is a facility that allows customers to withdraw money from ATMs without inserting a debit card.
In this method, the ATM generates a QR code, which must be scanned using your UPI-enabled mobile app. After confirming the transaction with your UPI PIN, the ATM dispenses the cash.
This process is quick, secure, and eliminates the need to carry physical cards.
Banks Offering UPI ATM Cash Withdrawal Facility
The Reserve Bank of India (RBI) has encouraged banks to provide this facility across their ATM networks. Several major banks have already implemented the feature.
Some banks that support UPI-based ATM withdrawals include:
- State Bank of India (SBI)
- HDFC Bank
- ICICI Bank
- Punjab National Bank (PNB)
Many ATMs from these banks now display the UPI Cash Withdrawal option on the screen.
UPI ATM Withdrawal Limit
There are certain limits set for cardless withdrawals through UPI.
- Maximum withdrawal per transaction: â‚ą10,000
- Maximum withdrawal per day: â‚ą20,000
- To use this feature, you must have:
- An active UPI app
- A linked bank account
- Internet connection on your mobile phone
- Benefits of UPI Cardless ATM Withdrawal
- This facility offers several advantages for users.
No need to carry debit cards
Users can withdraw money directly using their mobile phones.
Better security
Since the transaction requires a UPI PIN, it reduces the risk of card theft or misuse.
Fast and convenient
Scanning a QR code completes the process quickly.
Useful in emergencies
Even if you forget or lose your ATM card, you can still withdraw money.
How to Withdraw Cash From ATM Using UPI
Follow these simple steps to withdraw money using UPI at an ATM.
- Visit an ATM that supports UPI cash withdrawal.
- Select the UPI Cash Withdrawal option on the ATM screen.
- Enter the amount you want to withdraw (maximum â‚ą10,000).
- A QR code will appear on the ATM display.
- Open your UPI app and scan the QR code.
- Select the bank account and enter your UPI PIN.
- Once the transaction is approved, the ATM will dispense the cash immediately.
FAQ
Can I withdraw money from ATM without a debit card?
Yes. Using the UPI cardless withdrawal feature, you can withdraw money by scanning a QR code with your UPI app.
What is the maximum UPI ATM withdrawal limit?
You can withdraw â‚ą10,000 per transaction and up to â‚ą20,000 per day using this method.
Which apps support UPI ATM withdrawals?
Most UPI apps like Google Pay, PhonePe, Paytm, and BHIM support this feature.
Do all ATMs support UPI withdrawals?
No. Only ATMs that display the UPI Cash Withdrawal option currently support this feature.
Is UPI ATM withdrawal safe?
Yes. Transactions require UPI PIN verification, making them secure and safe.
Conclusion
UPI cardless ATM withdrawal is a major step toward digital and secure banking in India. It allows users to withdraw cash quickly without carrying a debit card.
With more banks and ATMs adopting this technology, withdrawing money using just your smartphone will soon become a common and convenient option for millions of users.
