In a move to address the cash crunch, Union Government Today permitted dispensing of cash up to Rs 2000 per day through debit card swipe at select petrol pumps.
Public Sector Oil Companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum has come forward to help the common man post scrapping of Rs 500 and Rs 1000 denomination. They have collaborated with State Bank of India for introducing this new facility.
Each Individual could withdraw Rs 2000 per day by swiping his debit card from select petrol pumps where POS Machines of SBI exist. This facility is now available in 2,500 ATMs across the country and it would be continued even after November 24th to encourage people to prefer cashless transactions.
Petrol Pumps have already been accepting Rs 500 and Rs 1000 currency notes. This new measure will be even more helpful to the citizens.
Public Sector Oil Companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum has come forward to help the common man post scrapping of Rs 500 and Rs 1000 denomination. They have collaborated with State Bank of India for introducing this new facility.
Each Individual could withdraw Rs 2000 per day by swiping his debit card from select petrol pumps where POS Machines of SBI exist. This facility is now available in 2,500 ATMs across the country and it would be continued even after November 24th to encourage people to prefer cashless transactions.
Petrol Pumps have already been accepting Rs 500 and Rs 1000 currency notes. This new measure will be even more helpful to the citizens.