To ease cash crunch amid long queues at banks and a large number of ATMs running dry, the government has allowed dispensing cash of up to Rs. 2,000 through debit card swipe at select petrol pumps.
The facility will be available at 2,500 petrol pumps.
"It has been decided that an amount up to Rs. 2000 per day per person in cash can be dispensed against swiping of debit card from select petrol pumps where POS (point of sales) machines of SBI are already available," an official said
POS machines are the machines which are used for debit or credit card transactions.
The measure comes following the demonetisation of 500 and 1,000 rupee notes by the government on November 8 that has triggered long queues at banks and ATMs across the country to deposit or exchange the scrapped notes and withdraw cash.
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