Bank Of Baroda Launches UPI Cash Withdrawal Feature At ATMs: No Debit Card Needed!


Sheetal Bhalerao

Sheetal Bhalerao

Jun 07, 2023


On Monday, India’s International Bank, Bank of Baroda announced the commencement of a new service called Interoperable Cardless Cash Withdrawal (ICCW).

Bank Of Baroda Launches UPI Cash Withdrawal Feature At ATMs: No Debit Card Needed!

Cardless Cash Withdrawal

Now customers can withdraw cash using UPI (Unified Payments Interface) services from the bank’s ATMs. 

This holds a great significance as it makes Bank of Baroda the first public sector bank to introduce this service. 

Under this service, customers can avail two transactions a day per account with a withdrawal limit of Rs 5,000 per transaction.

It is noteworthy here that this facility is not limited to Bank of Baroda customers only.

In fact, the customers of other participating issuer banks who use BHIM UPI, Bob World UPI, or any other UPI application enabled for ICCW on their mobile phones can also withdraw cash from Bank of Baroda ATMs that too without using their debit cards.

In a statement, Bob said, “The first public sector bank to launch this service, Bank of Baroda customers as well as customers of other participating issuer banks that use BHIM UPI, bob World UPI or any other UPI application enabled for ICCW on their mobile phone can withdraw cash from a Bank of Baroda ATM without using their debit card.”

How Does It Work?

In order to avail this service, customers need to select the ‘UPI Cash Withdrawal’ option at a Bank of Baroda ATM and enter the desired withdrawal amount. 

Afterwards, a QR code is displayed on the ATM screen. 

Now customers have to use a UPI app enabled for ICCW to scan the QR code and authorize the transaction by entering their UPI PIN on their mobile phone. 

Following this process will enable the withdrawal of cash from the ATM.

Consider a case where a single UPI ID is linked to multiple bank accounts then the ICCW functionality allows customers to choose the account from which the amount will be debited.

“The new ICCW facility being offered by the bank gives customers the freedom to withdraw money without the use of a physical card – a simple, convenient and secure way to withdraw cash,” said Akhil Handa, Chief Digital Officer at Bank of Baroda.

As of now the lender operates more than 11,000 ATMs across India.


Sheetal Bhalerao
Sheetal Bhalerao
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