Now You Can Withdraw Money At Big Bazaar Stores
Big Bazaar has tied up with State Bank of India and enabled mini ATMs across all 260 stores to help consumers withdraw cash while they shop. This move comes at a time when demonetization of Rs 500 and Rs 1000 notes have slowed down consumer goods industry as cash has become a scarce commodity.
Commenting on the development,
Customers must visit the dedicated cash counter at the store, swipe their debit/ATM cards, enter the PIN and withdraw up to Rs 2,000 from their account. The cash withdrawal facility will be subject to all applicable restrictions imposed by banks, Reserve Bank of India and government notifications from time to time.
State Bank of India has helped Big Bazaar enable this facility through the bank's cash at POS machines. Customers can withdraw cash from their bank accounts of any scheduled bank in the country.
Experts say that this move will help increase sales for the company and help the customers in this time of cash crunch as well.
(Main Image: Indiatimes)