Explaining the process, the lender said the customer will scan the QR code using a UPI app enabled for ICCW and then authorise the transaction with her/his UPI PIN on the mobile phone to withdraw the cash from the ATM. ATM Cash Withdrawal Using UPI: Bank of Baroda Launches Facility for Cash Withdrawals by Scanning QR Code in ATMs.
Generally money getting deducted from bank and ATM not dispensing cash happens due technical (faulty) or logistical (dry ATM when the ATMs run out of cash) issues. Know what to do next.
PNB hike debit card transaction limit: The daily ATM cash withdrawal limit for VISA Gold Debit Cards would now go up to Rs 1 lakh from Rs 50,000, while the daily POS limit would be hiked from Rs 125,000 to Rs 300,000.