New Delhi, Nov 23: Big Bazaar, the largest hypermarket chain in India owned by Future Group, has made a collaboration with State Bank of India (SBI) to allow customers to withdraw up to Rs 2,000 across all of its stores across the country.
Customers can withdraw cash in three easy steps using their debit card effective from November 24.
This move has come at time when people are reeling under severe cash crunch due to demonetistaion of high value currency notes.
"We are trying hard to ease any difficulties faced by customers due the demonetisation of Rs 500 and Rs 1,000 currency notes and support the government's initiative in meeting its objective," Future Retail Limited Chairman Kishore Biyani was quoted as saying.
The facility of cash withdrawal has been already made available at select petrol pumps from November 18 across the nation to ease hardship being faced by people in the country.
In a major attempt to tackle hoarding of black money, corruption and terror financing, Prime Minister Narendra Modi, on November 8, announced that all Rs 500 and Rs 1,000 rupee notes would cease to be valid in all forms of transactions.