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Demonetisation: People visit Outlets of Supermarket Chain Big Bazaar to Withdraw Cash in India

Customers at the Big Bazaar said they were relieved to find such innovative way of cash withdrawal

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Big Bazar. Wikimedia
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New Delhi, November 24, 2016 : People visited the outlets of supermarket chain Big Bazaar on Thursday to withdraw cash. They said it was quite convenient than standing in queues outside bank offices and at ATM kiosks for hours.

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Thursday was the first day of cash withdrawal facility from Big Bazaar after such a provision was announced on Wednesday by the Future Retail firm at its 258 Big Bazaar and FBB stores in over 115 cities and towns across the country.

[bctt tweet=”SBI helped Big Bazaar activate this facility through the bank’s cash at point of sale (POS) machines.” username=””]

The State Bank of India (SBI) helped Big Bazaar activate this facility through the bank’s cash at point of sale (POS) machines.

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“We have two dedicated card swiping machines for cash withdrawal. Only one transaction is allowed per person and we are giving only Rs 2,000 per transaction. There was rush in the morning but it thinned out in the afternoon,” said a staff member.

Customers at the Big Bazaar said they were relieved to find such innovative way of cash withdrawal.

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“I had refrained from going to ATMs and banks so far due to the rush and long queues there. I could withdraw cash here very easily today. This service should be extended at all such kind of stores,” said Sandeep Kaushik, who visited a Big Bazaar outlet on Thursday.

Some, however, faced inconvenience after debit cards of certain banks like HDFC, ICICI, Punjab National Bank were not accepted by the system. (IANS)

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  • Surya

    well done after 30 december give cashback upto 2000 only those who swipe
    debit card to make purchase and also additionally want cash back

Next Story

Demonetisation Anniversary: BJP acts cheeky, releases new video showing Frustration of ‘Corrupt’ Politicians following Demonetisation

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

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Demonetisation Anniversary
Screen grab of the sarcastic video released by BJP to mark Demonetisation Anniversary. Twitter

New Delhi, November 8, 2017 : On November 8 2016, every Indian citizen sat glued to their TV screens as Narendra Modi was set to make a big announcement. Outcome? The Indian Prime Minster shocked the entire nation with the introduction of Demonetisation, a move that was to change the very foundation of the cash-dependent Indian economy.

The much-debated move by Modi garnered the attention of several well-versed economists from the country and abroad, alike. While some people willingly welcomed the move, there were others who stood in staunch criticism.

As the move completes its first year, the Bharatiya Janata Party (BJP) is set to observe November 8 as ‘anti-black money day’ to celebrate Demonetisation anniversary in the country.

On the eve of the Demonetisation anniversary, the BJP released a cheeky video claiming to depict how ‘corrupt’ politicians have been criticizing the move, as the nation won following demonetisation.

WATCH BJP’S TONGUE-IN-CHEEK VIDEO

In the video, the BJP attempted to take a dig at corrupt politicians, who have been criticizing PM Modi’s Demonetisation move.

In the video, a woman, playing the character of a frustrated, corrupt politician can be seen going on a rant over PM Modi’s note ban initiative, which was aimed to combat black money, corruption, fake currency and terrorism.

The video ends with a voice-over saying demonetisation has not only brought out this frustration of corrupt citizens, but also black-money, claiming that almost 99 per cent cash which was previously lying hidden with people has now entered the banking system.

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

Ahead of the Demonetisation anniversary, the last few days have witnessed several leaders present their opinions on PM Modi’s demonetization move.

Finance Minister Arun Jaitley called PM Modi’s note ban initiative a ‘watershed moment’ while Piyush Goyal, Minister of Railways believes the move has pushed India towards a more transparent economy.

However, the move is being criticized by ex-Prime Minister Manmohan Singh calling it ‘irresponsible’. The opposition maintains that PM Modi’s note ban initiative has caused reckless damage to the country and the Indian economy.

On Demonetisation anniversary, the BJP is set to observe November 8 as ‘anti-black money day’, while opposition leaders are set to observe the day as ‘black day’ in protest against the note ban initiative.