Since banks and ATMs are unable to meet the cash demands of people, Government has made POS machines available at petrol pumps and Big Bazaar stores, which enable people to get money.
Next to join the list is V-Mart, the chain of family fashion stores in India; in order to ease the troubles of citizens, it has decided to offer the facility of swiping debit cards at its outlets so that customers can easily withdraw cash up to Rs 2000.
CMD of V-Mart Retail, Lalit Agarwal stated that this initiative is nothing but a help offered to public to tackle the after-effects of demonetization. Currently, everyone is facing cash crunch and even banks and ATMs aren’t sufficient.
So if you don’t want to stand in those long queues outside banks, go to a nearby V-Mart store, which will act like a smart-ATM and save you from hassles that you are facing due to shortage of money.
Terms and conditions!
For withdrawing cash, a person will have to follow certain terms and conditions;
(a)Only a debit cardholder can withdraw cash and that too, the limit is set to 1 transaction per person.
(b)A valid photo ID is necessary; this needs to be shown at the withdrawal counter.
(c)The maximum amount that can be withdrawn is Rs 2000 per transaction, and it is subject to cash availability at the store.
What are you waiting for? If you are tired standing in those never-ending lines, why not go here and get some cash? Isn’t it a great idea? Do share your views in our comments section below.
