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BusinessCash Withdrawal ATM without debit-credit card, these steps have to follow

Cash Withdrawal ATM without debit-credit card, these steps have to follow

The Reserve Bank of India (RBI) has asked all banks, ATM networks and White Label ATM Operators (WLAO) to allow users to withdraw cash from ATMs without credit or debit cards.

This Interpol Cardless Cash Withdrawal (ICCW) facility is already being offered by many banks.

After making changes related to this in all the banks’ ATMs, you will not need a debit or credit card.

Demand for UPI integration with ATM network

RBI has asked the National Payments Corporation of India (NPCI) to integrate Unified Payment Interface (UPI) with all banks and ATM networks so that transactions can be authenticated.

In the circular, RBI has said, “All banks, ATM networks and WLAOs should provide the option of ICCW at their ATMs. NPCI has also been directed to integrate Unified Payments Interface (UPI) with all banks and ATM networks.” ”

The full form of ATM is ‘Automated Teller Machine’. The world’s first ATM was installed in the Barclays branch of Enfield in the year 1967. At the same time, today a new ATM is installed in the world every three minutes.


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The limit will be the same as the rest of the ATM transactions

The circular states that with the help of UPI, the customer will be authorized but the subsequent payment and settlement will be done through the National Financial Switch (NFS).

“On-us or off-us ICCW transactions shall be without any additional charges and shall not be subject to any separate payment,” it added.

Apart from this, the limit of cash withdrawal without a card will be the same as the limit of other methods of withdrawing money.

Right now only select banks are giving the option

Currently, only select banks like ICICI and HDFC Bank are offering the option to withdraw cash from an ATM without a credit or debit card .

In the next few months, ATMs of other banks will also give new facility to their account holders.

If you have an account with ICICI Bank or HDFC Bank, then you can take advantage of the new facility by visiting select ATMs.


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For this you have to follow the steps given below.

  • The facility will have to be enabled by the bank
  • First of all, you have to go to the Services section of the bank ‘s mobile app and select the ‘Cardless Cash Withdrawal’ option from here.
  • Next, you have to enter the amount and create a 4-digit temporary PIN.
  • Finally, you have to choose the account number from which you want to withdraw money.
  • Now after confirming the information shown on the pre-confirmation screen, you need to tap on the ‘Submit’ button.

Code will be sent to the registered mobile number

  • Once the new facility is activated, a 6-digit unique code will be sent to your registered mobile number.
  • This code will be valid only for six hours, within which you have to visit the nearest bank ATM.
  • You will be able to withdraw cash from the ATM after first entering the information given in the mobile app and the six digit code on the registered number .
  • You will get the cash from the machine only after the authentication process is completed.

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Updated on August 11, 2022 6:01 am

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