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• Withdraw money from ATM machine without ATM card
• Withdraw money from ATM machines by scanning UPI
• UPI Cardless Cash Withdrawal Feature Launched by Bank

Cash Withdrawal without ATM Card: When you want to withdraw money from an ATM, however, you have ATM card When not, you have to deal with many things. Or suddenly your ATM card gets lost or stolen and you don’t know when you need money. Then you have no choice but to go to the bank. However, now banks across the country have started a new feature. Which allows you to withdraw money from ATM cardless.

All banks have started UPI Cardless Cash Withdrawal Feature. So that you will be able to withdraw money from ATM machine without ATM card. That too can be withdrawn by scanning the UPI. That is, you can withdraw money directly from the ATM through Google Pay, PhonePay or BHIM app. Banks have said that this new feature is not only fast but also secure. Because, you don’t need a card or PIN while withdrawing money from an ATM. Also, risks like skimming, card cloning or theft will also be avoided.

The name of this feature is ICCW i.e. Interoperable Cardless Cash Withdrawal and due to this you can withdraw money from ATM without ATM card by just scanning UPI.

Withdraw money from ATM machines by scanning UPI

• Select ‘UPI Cash Withdrawal’ or ‘ICCW’ option on the ATM screen.
• The ATM generates a QR code.
• UPI Scan from the app i.e. Google Pay, PhonePay or BHIM app.
• Select your bank account and enter your UPI PIN.
• Once the cash comes out of the ATM, you will be notified that your transaction is complete.

With this feature, customers can withdraw up to Rs 10,000 using the UPI app at ATMs. You can use the UPI Cash Withdrawal feature from any UPI app like PhonePay, GooglePay or Paytm. ATMs which have ICCW feature. You can withdraw money from the same ATM using this UPI feature.

Advantages of ICCW feature

• Secure: 100% cardless transactions so no fear of card loss or theft.
• Time Saving: This feature saves your time, you can scan and withdraw money in moments.
• Universally available: Customers of any bank can avail this feature through an interoperable system.
• Optional: In case the ATM card is lost or stolen, you can withdraw cash using this feature.