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You can now withdraw cash using UPI ID, explaining the process

You can now withdraw cash using UPI ID, explaining the process

You can now withdraw cash using UPI ID, explaining the process
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By CNBC-TV18 Mar 18, 2020 11:51:13 PM IST (Updated)

The National Payments Corporation of India or NPCI, the umbrella organization for retail payments systems, has allowed cash withdrawals via Unified Payment Interface (UPI) ID.

The National Payments Corporation of India or NPCI, the umbrella organization for retail payments systems, has allowed cash withdrawals via Unified Payment Interface (UPI) ID.

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According to the notification, transaction limit of Rs 1,000 per day for tier 1 and 2 centres and Rs 2,000 per day in tier 3 to 6 centres. Also, only three transactions permitted per account per UPI ID.
 
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