That said, RBI Governor Shaktikanta Das has asserted that banks will not stop issuing debit cards following to the introduction of cardless cash withdrawal facilities at ATMs.Not all merchants accept NFC payments yet. Withdrawing cash from ATMs without using debit or credit cards decreases the chances of transaction failure due to wrong PINs, or lost or stolen cards. Now, click on the proceed button and enter your UPI PIN to withdraw the money. (You can withdraw up to Rs 5,000 in one transaction) Scan the QR code on the ATM screen from your selected UPI appĪfter scanning the code, enter the cash amount you wish to withdraw. Now, open a UPI app, such as GooglePay or PhonePe and activate the QR code scanner

A QR code will now be displayed on your ATM screen Go to any ATM machine and choose the 'Withdraw Cash' option How to withdraw cash from ATMs using an UPI app? Here's a step-by-step guide to do just that: You should also have an active internet connection. You need a bank account and UPI payment apps such as GPay, PhonePe, and BHIM linked with that account. What do you need to withdraw cash from ATMs using UPI apps? The banks offering a cardless card withdrawal facility include the State Bank of India(SBI), HDFC Bank, and Punjab National Bank (PNB). It should be noted that a cardless cash withdrawal facility using UPI is currently only available for select banks. And now, one can even withdraw cash from ATMs without a debit or credit card, by using UPI apps such as Google Pay, Paytm, PhonePe.Īfter the Reserve Bank of India's (RBI's) proposal, the National Payments Corporation of India (NPCI) introduced a feature called Interoperable Cardless Cash Withdrawal (ICCW), which allows people to withdraw from ATMs using their UPI apps. Many of us today are settling most of our purchases and transactions using the UPI payment mechanism.

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