Cash Deposit Through UPI: Earlier people had to do some work related to the bank. So he had to go to the bank. Even if it was the work of withdrawing money. Or to deposit money or something else. Earlier there used to be crowd in banks for these works. But now there is no need to go to the bank for many of these tasks. Many tasks can be completed while sitting at home. So there is now an ATM for withdrawing money.
With the help of which people can withdraw money from near their home. But if it is a matter of depositing money then. Even today people have to go to the bank for this. However, it has become convenient that now cash deposit machines are installed. So the money was deposited easily. But now Reserve Bank of India is bringing a new scheme to deposit money through UPI. Let us know about it.
Deposit money from ATM through UPI
Since the introduction of UPI, there has been a digital payment revolution in the country. Now many people make almost all their payments through this. So now the Reserve Bank of India has announced a scheme to deposit money in the account through UPI. People will now be able to deposit money in their accounts through cash deposit machines under UPI. RBI Governor Shaktikanta Das gave this information while explaining the monetary policy on Friday.
Guidelines will be issued soon
At present, people deposit cash in the bank by filling the deposit slip and writing an account in it. Or they deposit cash through card from cash deposit machine. But under this new policy of RBI, people will get more convenience. Using UPI is very easy.
Where currently UPI is used for payment. So now people will be able to deposit money in their account using UPI. Shashikant Das said that guidelines will soon be issued for depositing money in the account through cash deposit machine through UPI.
Also read: How many solar panels are required to run a 1.5 ton AC at home?