ATM: Cash can be withdrawn from ATM even without a debit card, this is the easiest way to withdraw money..
In today's digital age, standing in long bank queues is a thing of the past. We access ATMs at any time, as per our convenience. However, sometimes, in a hurry, we forget our debit card at home and suddenly need cash. There's no need to panic in such a situation, as advances in banking technology now make it easy to withdraw money even without a card.
In the absence of an ATM card, your Aadhaar card proves to be a vital help. With the Aadhaar Enabled Payment System (AePS), anyone can easily withdraw cash. You don't need to visit a major bank branch; instead, you simply contact a Business Correspondent (BC) who offers micro ATMs in your area.
The people who operate micro ATMs are authorized agents appointed by banks. Upon visiting them, you must select the cash withdrawal option from the machine. This process requires entering a PIN and your area's PIN code into the system. After this, you need to enter your Aadhaar number and place your finger on the fingerprint scanner. Once your biometric identification is complete, the transaction is successful, and you receive the money immediately.
It's important to note that the amount of money that can be withdrawn per day using an Aadhaar card depends entirely on your bank's regulations. Different banks have set different cash withdrawal limits, keeping in mind the security and liquidity of their customers. Also, be sure to obtain your receipt from the agent after completing the transaction so that you have a solid record.
Instant Cash from ATMs by Scanning UPI
In addition to the Aadhaar system, there's another modern method that allows you to withdraw cash without a card. Most banks have added a new QR code scanning feature to their ATMs. If this advanced option is available at your nearest ATM, you can directly scan the QR code displayed on the screen using any UPI application on your smartphone.
After scanning, follow the on-screen instructions and fill in the required information. You will then need to enter your UPI PIN on your mobile application. Once you enter the PIN, authentication will be complete, and cash will be dispensed from the ATM.
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