UPI-ATM Launched: A New Way to Withdraw Cash Without Cards
Reviewed by: Fibe Research Team
- Updated on: 22 Jul 2025
Reviewed by: Fibe Research Team
Getting cash is now easier – no card, no swipe, no hassle. With the launch of the UPI ATM, you can withdraw money using just your phone and a UPI app. It’s a new cardless cash withdrawal option that’s quick, safe and easy to use. UPI ATM cash withdrawal makes it simple to get cash whenever you need it, without depending on a debit card.
A UPI ATM is India’s first QR-based cardless ATM system. It was launched by Hitachi Payment Services in partnership with the National Payments Corporation of India (NPCI). The machine runs on an Android platform and lets you withdraw cash using any UPI app. No debit card is required for this transaction.
It supports Interoperable Cardless Cash Withdrawal (ICCW), which means you can use it even if your ATM and bank are different. Just scan the QR code on the screen and get your cash instantly.
The UPI ATM is designed to keep things quick, simple and secure. Instead of inserting a card, it uses a one-time QR code that you scan with your UPI app. The process is smooth and takes just a few steps.
Here’s how it works:
No need to carry and swipe your cards, just scan and collect your cash.
There are a few things to know before using a UPI ATM to withdraw cash. While the process is simple, limits are set to keep transactions safe and controlled.
Here’s what you need to keep in mind:
To use this feature, make sure both your UPI app and bank support UPI-ATM cash withdrawal. Not all apps or banks may offer it yet.
While both options let you withdraw cash, UPI-ATMs work in a completely cardless way. Here’s a quick comparison:
| Feature | Regular ATM | UPI-ATM |
|---|---|---|
| Requires a debit card | Yes | No |
| Works with UPI apps | No | Yes |
| Security method | Card + ATM PIN | QR code + UPI PIN |
| Fraud risk | Higher (skimming, theft) | Lower |
| Interoperability | Same-bank mostly | Multi-bank UPI-supported |
Whether you’re stepping out without your wallet or just want a faster way to get cash, UPI-ATM offers plenty of advantages:
Several major banks have already started rolling out UPI-ATMs across India. Banks currently supporting this facility include:
More banks are expected to join soon as cardless cash withdrawals become more popular. For now, UPI-ATMs are being rolled out in phases and are available only in select cities. So, if you’ve been searching for a UPI-ATM near me, look out for Android-based Hitachi machines at supported locations. These are easy to spot and may soon appear in bank and UPI apps with location support.
Support for UPI-ATMs is growing. More banks and ATM networks are joining in. Soon, finding one will be as easy as typing ‘UPI ATM near me’ on your phone. But for everyday spends, using a smart credit card that gives rewards can help you save while you spend!
The Fibe Axis Bank Credit Card comes with no joining or annual fees. You also get 3% cashback on food delivery, daily commute and entertainment. It works well with UPI apps, helping you track spends and earn rewards at the same time.
Download the Fibe app now to unlock a smarter way to spend!
India’s first UPI-ATM was launched by Hitachi Payment Services in collaboration with the National Payments Corporation of India (NPCI). It was unveiled at the Global Fintech Fest in Mumbai, making cardless cash withdrawals possible for the first time in the country.
UPI-ATM withdrawal is currently supported by banks like PNB, Union Bank, Canara Bank and Indian Bank. More banks are expected to join soon.
