Inox joins SBI in cash dispensing to support Demonetisation

Following the steps of Big Bazaar, Inox Leisure has taken a step forward to support Demonetisation. This move proves that while some may criticize Demonetisation, there are many who applaud and support it. They have collaborated with State Bank Of India and have made cash dispensing available at 17 outlets from Friday evening. Customers can swipe their card at the POS machines and collect money at the counter. They also added that this facility will be made available at 89 outlets across India by the weekend. This facility has also been made available at select Petrol pumps. At Big Bazaar, CEO Kishore Biyani said individuals do not need to do any shopping to avail this facility.

Cash will now be dispensed at select petrol Pumps.
Cash will now be dispensed at select petrol Pumps.

In a statement issued by Inox Leisure, they said, “The company has partnered with State Bank of India (SBI) to facilitate this transaction at the nearest INOX multiplex using a debit card…Citizens can simply swipe their debit cards, enter their PIN number and take up to Rs. 2,000 in cash per card per day.” Adding to this,Siddharth Jain the Director, INOX Leisure said,”Through this effort, we are attempting to ease any difficulties that are currently being faced by people due to demonetization.” It was issued in the statement that, like select petrol pumps and Big Bazaar, people can also withdraw Rs. 2000 at Inox Leisure.

Inox Leisure will now Dispense cash upto a Rs.2000 limit by swiping card at POS
Inox Leisure will now Dispense cash up to a Rs.2000 limit by swiping card at POS

There has been a severe crunch for cash across the ATM machines in our country. While people are suffering for the lack of cash, the Government is taking many steps making it easier for the citizens to access cash. They also have been urging that people start using more virtual sources of income like debit/credit cards and e-wallets that make your transactions easier.

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