In a move that could provide a bit of a breather to people facing a cash crunch post demonetisation, India’s leading online marketplace Snapdeal has now come up with a service that will enable users to order cash and have it delivered at their doorsteps
With its ‘Cash@Home’ service, users can request for a maximum of Rs 2,000 per booking and use any bank’s ATM card to pay for the cash. A nominal fee of Re 1 will be charged as convenience fee by the company, which will be paid through FreeCharge or through a debit card at the time of booking, an Economics Times report said.
Moreover, customers are not obliged to order anything else from Snapdeal to access this facility.
"As the country transitions to a more digitally-enabled economy, we have launched a series of timely initiatives – from wallet and card on delivery, to extending FreeCharge partnerships to smoothen this transition," says co-founder of Snapdeal, Rohit Bansal.
Live in Gurgaon and Bangalore, the service is slated to be extended to other major cities in the days to come following the government's demonetisation drive.
Over a month and a half since the announcement of demonetisation by PM Modi, banks and ATMs across the nation continue to witness long queues as people throng to get their hands on their money.
PM Modi, in his address to the nation, declared that high-denomination currency notes of Rs 500 and Rs 1,000 would not remain legal tender from November 8 midnight.