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SBI ATM UPI cash withdrawal upgrade: Debit cards may not exist in future

SBI ATM UPI cash withdrawal upgrade Debit cards may not exist in future

SBI ATM UPI cash withdrawal is the coolest tech upgrade you will see in India today. All State Bank of India ATMs now offer this newly introduced facility. You can withdraw money, minus the debit or credit card from here. Use any UPI apps such as PhonePe, Google Pay, or even Paytm for the process.

What is the procedure for SBI ATM UPI cash withdrawal? Read it

It is easy to use the state-of-the-art facility by just choosing the “Withdraw” option in the ATM. Then you will click on the UPI option and a QR code will be displayed on your screen, then you can scan the code using your app in UPI۔ After that, you shall be given the freedom to proceed further with your transaction.

Scan the code and put in your amount to withdraw through your UPI app, enter the PIN on ‘Proceed’, and confirm the transaction. Your ATM will then dispense the cash after it is confirmed. This Cash Withdrawal is now secure and quick and is getting people’s attention. Watch Now:

You can read: Top 10 Safest Banks In India to put your Hard-Earned Money

There are no charges for this cash withdrawal if carried out on SBI ATMs. Charges apply if carried out using any other bank’s ATM. The maximum withdrawal amount per transaction is Rs. 10,000. The service is regulated by the Reserve Bank of India (RBI). It means a lot is improving user convenience as one can forget about carrying the physical card with himself.

SBI offers SBI ATM UPI Cash Withdrawal, promoting cashless and cardless transactions. The approach has modernized the way banking services are working۔ Also, it has made it easy, convenient, and safe for the UPI user to withdraw cash.

Also, see: YouTube pause ads 2024: Is it to enhance user experience or make money?

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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