Big Bazaar allows cash withdrawal up to Rs 2,000 from Nov 24

State Bank of India has helped Big Bazaar activate this facility through the bank's Cash at POS machines.

By: PTI | New Delhi | Published:November 22, 2016 11:50 pm

With the public still facing cash crunch, Big Bazaar today announced that customers can withdraw cash up to Rs 2,000 by using debit cards at all its stores from November 24. In a statement, the Future Retail firm said all its stores, along with all fbb ones, “will be enabled to allow customers to withdraw up to Rs 2,000 from their own bank accounts, using their debit/ATM cards”. It said the facility is now available at 258 Big Bazaar and fbb stores in over 115 cities and towns across the country.

State Bank of India has helped Big Bazaar activate 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, the company said.

“We are trying hard to ease any difficulties faced by customers due to the demonetisation of some currency notes and support the government’s initiative in meeting its objective,” Kishore Biyani, Chairman, Future Retail, said.

“Now with customers being able to withdraw cash at Big Bazaar stores, they are welcome to visit our stores instead of qeueing up at banks and ATMs.”

Customers can follow four simple steps to withdraw cash: 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 accounts.

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.

The government recently allowed the withdrawal of cash of up to a limit of Rs 2,000 by swiping debit cards at select petrol pumps using point-of-sale transactions (POS) machines.

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  1. A
    Nov 22, 2016 at 7:30 pm
    This is a perfect example of politician-businessman nexux. Big Bazar is owned by Reliance. At a time when Govt banks are unable to lend money and ATMs are shut down, how can and from where Reliance get money??????lt;br/gt;lt;br/gt;When there is no money available for banks, then how can it be available at Reliance owned Big Bazar????????lt;br/gt;lt;br/gt;Bhabhan-Baniya Govt headed by a Moorkha Tanashah!! Who is fooling public every now and;br/gt;lt;br/gt;Come on public of India, come on an open your eyes!!!!! Ask the govt how and from where Big Bazar gets the cash when it is unavailable at govt owned Banks!!!lt;br/gt;lt;br/gt;Ghotala;br/gt;lt;br/gt;Swatantra Bharat ke itihas ka sabse bada;br/gt;lt;br/gt;Gareeb janta ko loot liya modi ne,,, auraton ko vidhva kar dala, shuhagino ke suhag shadi se pahle hi mita dale, bachhon ko anath kar;br/gt;lt;br/gt;Gareeb kisaan apni vegetable nahi bech paya,,,,,dal ke daam asman chhone lage hain... lt;br/gt;lt;br/gt;bechare navjaton se doodh ki bottle chhinane wale Modi... tujhko iska hisab janta agle chunav mein bata degi.
  2. A
    Nov 22, 2016 at 6:40 pm
    Is Big Bazaar more trustworthy than co-operative banks? How many Big Bazaars in rural India?
  3. K
    Nov 23, 2016 at 4:46 pm
    This is the biggest SCAM in history of India !!!lt;br/gt;lt;br/gt;Question : How Big Bazaar has cash worth 25 CR per day ?lt;br/gt;lt;br/gt;Future Group - connected - Aditya birla group - Baba Ramdev - stalls of Patanajali in Big;br/gt;lt;br/gt;Aquicistions - 1600 crore invested in future group - aditya birla invests - stakes in future group - close with BJP and rajasthan govt;br/gt;lt;br/gt;type all these keywords in google you get answers...
  4. K
    Nov 22, 2016 at 9:49 pm
    MORON.. BIG BAZAAR IS OWNED BY FUTURE GROUP AND NOT;br/gt;lt;br/gt;The kind of nonsense people peddle on internet is simply unbelievable.
  5. M
    Nov 23, 2016 at 6:51 pm
    When banks do not have money, from where the big bazaar going to get new currency. today we went Axis, HDFC and Andhra bank none of the banks have cash, why RBI not sending money to banks when it has enough cash.
  6. R
    Nov 22, 2016 at 8:26 pm
    co-operative banks are like chit fund houses... can't trust them
  7. R
    Nov 22, 2016 at 8:24 pm
    wake up buddy... this is the standard practice in most of the developed countrylt;br/gt;i.e cash withdrawal at POS. Its easy for them. there cash would go in to there bank account through customer directly and w process becomes cashless.
  8. R
    Nov 22, 2016 at 7:05 pm
    Man, have something positive in thinking. Big Bazar took a step and became another ATM point, is it not going to ease the load on the other banks?lt;br/gt;lt;br/gt;There is nothing different in trustworthiness, these places are effectively bank's outlet. Don't worry on this front. Only thing could be a small fee for withdrawal at such facilities. I am not sure though. Enjoy.
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