Big Bazaar Initiative to handle with Demonetisation

 

Now withdraw cash up to Rs 2000 from Big Bazaar stores

As citizens across the country went into a panic mode with the Centre’s demonetising Rs 500 and Rs 1000 notes, in a bid to ease their inconvenience slightly, the government on Tuesday announced that Rs 2000 can now be withdrawn from Big Bazaar using debit card.

Big Bazaar allows customers to withdraw upto Rs 2,000

Woes of people seem to have no end as they waited for cash in long queues outside banks and ATMs today also.

As citizens across the country went into a panic mode with the Centre’s demonetising Rs 500 and Rs 1000 notes, in a bid to ease their inconvenience slightly, the government on Tuesday announced that Rs 2000 can now be withdrawn from Big Bazaar using debit card.

“Rs 2000 can now be withdrawn from Big Bazaar using debit card starting from this Thursday (November 24),” reported news agency ANI.

Even 14 days after the demonetisation of high value currency notes, people in the national capital continued to face hardship in exchanging the now-defunct notes and struggled to purchase essentials to meet their daily needs.

Earlier on Tuesday, Prime Minister Narendra Modi asked the people of the country to give their first-hand views about the Centre’s move to spike the old Rs 500 and Rs 1,000 currency notes.

Food Bazaar will let you withdraw money upto 2,000 rupees.

Modi urged the people to participate in a survey on his official app where a number of questions have been posed regarding the scrapping of old high-value currency notes. The demonetisation, since the November 8 announcement, has triggered chaos across the country with people continuing to line up outside banks and ATMs in interminably long queues.

“I want your first-hand view on the decision taken regarding currency notes. Take part in the survey on the NM App,” said Modi posting a link of the app on Twitter.

Woes of people seem to have no end as they are still waiting for cash in long queues outside banks and ATMs today also.

Ponts to be noted to withdraw funds from Big Bazaar
This will happen in lieu of swiping your ATM card worth same value. Big Bazaar has tied up with State Bank of India and enabled mini ATMs across all 260 stores to help consumers withdraw cash. But, the question arises if the money exchange will really take place. The facility will be available in 258 Big Bazaar and fbb stores across the country. State Bank of India will enable this facility through the bank’s cash at POS machines. A notification by state owned news channel Doordrashan last week said that, people could withdraw an amount upto Rs 2000 from petrol pumps, considering the cash crunch at ATMs, the same led to flocking of people inside the pumps.

 

Anu Dey