Bank of Baroda launches UPI cash withdrawal facility from ATMs. Which statements is true about the UPI cash withdrawal facility of Bank of Baroda?

(a) It is available only to the customers of Bank of Baroda.

(b) It can be used with any UPI-enabled App.

(c) It requires the use of a physical card for withdrawal.

(d) The withdrawal limit is Rs.10,000 for each transaction.

Ans.(b)

Sol. Bank of Baroda’s UPI cash withdrawal facility is not limited to Bank of Baroda customers; 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 also withdraw cash from a Bank of Baroda ATM without using their debit card.