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Deposit cash at ATMs using UPI with RBI’s new UPI-ICD

Deposit cash at ATMs using UPI with RBI’s new UPI-ICD

August 30, 2024, 03:58 PM - 2 min read

The Reserve Bank of India (RBI) has introduced UPI Interoperable Cash Deposit (UPI-ICD), allowing customers to deposit cash at ATMs using UPI without a debit card, by linking their mobile number, Virtual Payment Address, or bank IFSC code to the deposit, making the process more seamless and accessible.

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