Withdrawal cash from ATM using UPI | Not need to carry ATM card for cash withdrawal | ICCW

What is ICCW ? How to withdraw cash using UPI from ATM ?

ICCW (Interoperable Cardless Cash Withdrawal) is a facility provided by bank. By using this facility a customer can withdraw cash from ATM using UPI app likes BHIM,Phonepe,Gpay,Paytm or any other UPI application. Bank of Baroda became the first bank to launch Interoperable Cardless Cash Withdrawal (ICCW) in India.

Bob customers as well as other bank customers can avail this service using ICCW enabled UPI app without using ATM card. Now ICCW service is available only in BOB ATM.

Anyone can withdraw cash using ICCW by following some steps…

• Step1.Go to BOB ATM.
• Step2. Select UPI cash withdrawal.
• Step3. Enter the withdrawal amount.
  
• Step4. Scan the QR code using UPI app
• Step5. Enter UPI PIN.
• And then collect the cash.

If multiple bank accounts are linked to a single UPI ID, ICCW gives you the option to select the account for dabit.

Customer can avail two transactions a day per account with a withdrawal limit of 5,000 per transaction.

About Bank of Baroda:

Bank of Baroda is a public sector bank. It is the second largest public sector bank in India after State Bank of India, with 153 million customers.

• Established: 20th July 1908
• Founder: Sayajirao Gaekwad III
• Headquarters: Vadodara, Gujarat
• Owner: Ministry of finance, Government of India(63.97%)
• Number of employees: 79,806 (2022)

Subsidiaries: Bank of Baroda Uganda Limited, Bank of Baroda Tanzania Limited, Nainital Bank, Baroda UP Gramin Bank.