Cash Deposit By UPI:
Technology Has Revolutionized In The Sector Of Banking. Now with a Smartphone, the Bank is in Our Pocket. No More Hassles of Long Lines or Repeated Visits to the Bank. The Convenience of Online Transactions Has Made Everything Accessible at Our Fingertips. And Now, Innovations like UPI Have Made Things Even Easier. Now, Depositing Money Doesn’t Require Visiting the Bank Anymore. With the Help of UPI, Cash Deposit Can Be Done Directly into Your Account in Fraction Of Minutes.
ATMs could only be used to take out cash using debit cards. But UPI has also transformed this. UPI is now accessible on CDMs as well. Put the debit card away!
At a CDM, you can deposit money into your bank account in a matter of minutes if your phone is equipped for UPI. It’s also important to note that UPI was just introduced in a foreign nation, so you can use it there.
Steps to be follow To deposit cash through UPI:
- Open your UPI-enabled banking app.
- Navigate to the “Deposit” or “Cash Deposit” option.
- Select your bank account.
- Enter the deposit amount.
- Generate a UPI ID or QR code.
- Visit a UPI-enabled CDM or ATM.
- Insert cash and scan the QR code or enter the UPI ID.
- Verify the transaction on the CDM or ATM screen.
- Keep the receipt generated.
- Check your app for confirmation.
- Once the amount reflects in your bank account, the transaction is complete.
