Can withdraw cash upto Rs.2000 from select petrol pumps

The government allowed dispensing cash of up to Rs 2,000 through debit card swipe at some selected IOCL, BPCL and HPCL petrol pumps. The initiative has been launched by the public sector oil companies in association with State Bank of India to ease the burden on banks and ATMs. 

The facility will be available at 2,500 petrol pumps. Senior officials of



public sector oil companies and SBI Chairman Arundhati Bhattacharya decided in a meeting that an amount up to Rs. 2000 per day per person in cash can be dispensed against swiping of debit card from selected petrol pumps where POS machines of SBI are already available. POS are the machines which are generally used for debit or credit card transactions.