Key features
Withdrawal limits
Customers can withdraw up to ₹1,000 per day per card in Tier I and Tier II cities, and up to ₹2,000 per day per card in Tier III to Tier VI cities.
RBI compliance
The cash withdrawal at POS has a minimum limit of ₹100 and a maximum of ₹2,000, in line with RBI guidelines.
For Indian card holders
This facility is available only for debit/prepaid cards issued in India.
Convenient cash withdrawal
Offers an additional, easy-to-use channel for withdrawing cash from your bank account.
As easy as 1,2,3...
Set up your Cash@PoS in a few minutes
Step 1
Select transaction type
On the PoS terminal, choose the “Cash@PoS” transaction type
Step 2
Insert your card
Insert or swipe your debit/prepaid card
Step 3
Authentication
Specify the amount you wish to withdraw and input your PIN
Step 4
Sign and collect
Sign the charge slip, if required and receive the cash dispensed by the merchant
Got questions? We’ve got answers.
Cash@PoS is a facility allowing debit and prepaid card holders to withdraw cash at designated merchant establishments. It's a convenient way to access cash, especially in areas where ATMs might not be readily available.
No, there are no additional charges levied on customers for using the Cash@PoS facility. It's a free service provided by the bank to enhance customer convenience.
All debit and prepaid cards issued in India are eligible for the Cash@PoS service.
Currently, the Cash@PoS facility is available only within India at designated merchant locations.
Customers can withdraw up to ₹1,000 per day per card in Tier I and Tier II cities, and up to ₹2,000 per day per card in Tier III to Tier VI cities.
You can find merchants offering Cash@PoS by looking for the Cash@PoS signage at the establishment or by checking our website for a list of participating merchants.
Merchants receive a stipulated incentive for each successful PoS transaction, which includes the transaction amount directly credited to their bank account. There are no additional transaction fees for the merchants.
Yes, you can withdraw cash using Cash@PoS without the necessity of making a purchase at the merchant establishment.
The number of transactions per day is subject to the daily withdrawal limit set for your card.
Yes, all transactions require the cardholder to enter their PIN, ensuring secure and authenticated transactions.
Cash@PoS by Karnataka Bank transforms the way you access cash, offering unparalleled convenience and flexibility. This innovative service allows debit and prepaid cardholders to withdraw cash directly at participating Merchant Establishments, eliminating the need to search for ATMs. It’s especially beneficial in Tier-I to Tier-VI cities, providing a secure and quick way to access cash with no additional charges. Embrace the ease of banking with Cash@PoS, where convenience meets reliability.
Using Cash@PoS is a breeze. Simply select ‘Cash@PoS’ on the PoS terminal at any participating merchant, swipe or dip your card, enter the amount you wish to withdraw, input your PIN, and collect your cash. There's no need for a separate application process – if you have a Karnataka Bank debit or prepaid card, you're already set to use this service. Experience hassle-free cash withdrawals with Cash@PoS, your on-the-go cash solution.
