Bank of Baroda News: Public sector Bank of Baroda has started UPI ATM facility across the country. Information regarding this has been given by the bank.
UPI ATM News: Now if you want to withdraw money from ATM then you will not need a card for this. Now you can withdraw money from ATM (UPI ATM) even without card. Public sector Bank of Baroda has started UPI ATM facility across the country. Information regarding this has been given by the bank.
6000 ATMs are being installed
Bank of Baroda has said that the facility of about 6,000 UPI ATMs is being started, through which you can withdraw money without card. For this it is necessary to have UPI app in your phone.
NPCI launches country’s first UPI ATM
According to the statement issued by BOB, it is the first public sector bank in the country to launch UPI ATM operated by NCR Corporation in coordination with National Payments Corporation of India (NPCI).
Scan will have to be done through APP.
The bank said that customers of its and other banks can withdraw cash from Bank of Baroda UPI ATM without using their debit card through UPI-enabled mobile app.
You can withdraw money from UPI linked account
According to the statement, UPI ATM makes QR-based seamless cash withdrawal possible through Interoperable Cardless Cash Withdrawal (ICCW) technology, which does not require a card to withdraw cash. A major advantage of the UPI ATM facility is that customers can withdraw cash from various accounts linked to UPI.
How to withdraw money from UPI ATM-
- First of all you have to decide how much cash to withdraw.
- After this, according to the amount chosen by you, you will see a QR code on your screen
- You will have to scan this QR code through your UPI app.
- After this you will have to enter your UPI PIN.
- Now your transaction will be successful and you will get cash.
