BackPetrol pumps to allow cash withdrawal of Rs2,000 using debit cards
The cash dispensing facility of up to Rs2,000 through debit card swipe will be available at 2,500 petrol pumps
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New Delhi: In a bid to ease the cash shortage arising out of the demonetisation of ₹ 500 and ₹ ,000 notes, the government on Thursday allowed the withdrawal of cash of up to a limit of ₹ ,000 by swiping debit cards at select petrol pumps.
The facility will be available at 2,500 petrol pumps.
“It has been decided that an amount up to Rs2,000 per day per person in cash can be dispensed against swiping of debit card from select petrol pumps where point of sale (PoS) machines of SBI are already available," an official said.
PoS machines are the machines which are generally used for debit or credit card transactions.
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