In today’s digital age, standing in long queues at the bank has become a thing of the past. We go to ATM anytime as per our convenience. However, many times in a hurry we forget our debit card at home and suddenly we are in need of cash. In such a situation, there is absolutely no need to panic, because due to changes in banking technology, now money can be easily withdrawn even without a card.
In the absence of ATM card, your Aadhar card comes as the biggest help. With the help of Aadhaar Enabled Payment System (AePS), any person can easily receive cash. For this, you do not need to go to the branch of any big bank, rather you will have to contact the Business Correspondent (BC) providing micro ATM facility in your area.
Easy withdrawal process from micro ATM
The people operating micro ATMs are actually authorized agents appointed by the banks themselves. After going to them you have to choose the option of cash withdrawal in the machine. In this process you will have to enter a PIN number and PIN code of your area in the system. After this, you have 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 get the money immediately.
It is important to keep in mind that the amount that can be withdrawn in a day through Aadhar card completely depends on the rules of your bank. Keeping in mind the security and liquidity of their customers, different banks have set different limits for cash withdrawal. Also, do not forget to collect your receipt from the agent after the transaction is completed, so that you have a solid record.
Instant cash from ATM by scanning UPI
Apart from the Aadhaar system, there is another modern method, which allows you to withdraw cash without any card. Nowadays most of the banks have added a new feature of scanning QR code in their ATM machines. If this advanced option is available in your nearest ATM machine, you can directly scan the QR code visible on that screen with the help of any UPI application on your smartphone.
After scanning, follow the instructions appearing on the screen of the machine and fill the required information. After this you will have to enter UPI PIN on your mobile application. Once you enter the PIN, authentication will be completed and cash will come out of the ATM machine.