Bank of Baroda launched an Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank's ATMs.

"The first public sector bank to launch this service, Bank of Baroda customers as well as customers of other participating issuer banks that use BHIM UPI, bob World UPI or any other UPI application enabled for ICCW on their mobile phone can withdraw cash from a Bank of Baroda ATM without using their debit card," the lender said.

In order to use this facility the customer needs to select ‘UPI Cash Withdrawl’ at BOB ATM, and enter the withdrawal amount, post which a QR code is displayed on the ATM screen.

The customer will scan the QR code using any UPI app enabled for ICCW and then authorize the transaction with his/her UPI PIN on the mobile phone to withdraw cash from the ATM.

“The new ICCW facility being offered by the bank gives customers the freedom to withdraw money without the use of a physical card - a simple, convenient and secure way to withdraw cash,” said Akhil Handa, Chief Digital Officer at Bank of Baroda.

Customers can avail of two transactions a day per account with a withdrawal limit of Rs 5,000 per transaction. Bank of Baroda has over 11,000 ATMs across the country.