On Monday, several projects launch along with them the team is also launching to beat Demonetization. In the time of Demonetization when Indian citizens from a queue in front of ATM just to get a small amount. Ola Cabs and Yes Bank are come together in a partnership to provide mobile ATMs to the Indian population. These mobile ATMs make cash withdrawals convenient, by swiping the cards of any banks.
They are first launching these services in 10 metro cities in 30 locations which include Mumbai, Delhi, Bengaluru, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad, and Jaipur.
"We are happy to partner with Ola to bring cash to the customer within easy reach and provide seamless withdrawal facility using Yes Bank PoS machines," said Rajat Mehta, Senior President and Country Head, Brand and Retail Marketing, Yes Bank.
But with these ATMs as well no cash limit is extended; one person can get Rs.2000 per card at a time. This is enabled using PoS machines available in Ola cabs stationed near Yes Bank branches across various locations in these cities.
"This is an important time for banking and mobility to come together and help people," added Raghuvesh Sarup, Chief Marketing Officer and Head of Categories, Ola.
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