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Ola in association with Yes Bank Introduces ‘Ola-Cash-On-Wheels’ Money Withdrawal Facility

November 19, 2018 by raju-larazon Leave a Comment

Ola in association with Yes Bank Introduces ‘Ola-Cash-On-Wheels’ Money Withdrawal Facility : After 8th November due to the announcement of demonetization, most of the people are facing trouble due to ‘No Cash’ boards at ATMs, due to big lines at banks. Now, to relieve the burden for people the largest cab transport Ola is introducing ‘Ola-Cash-On-Wheels’ facility. This helps to the clients to withdraw the amount of Rs 2000 from the swiping machine in Ola cabs. This was introduced specially to reduce the burden on people.

Yes Bank Partnership with Ola to provide mobile cash

Yes Bank on Monday reported an organization with Ola to set up mobile ATMs and empower advantageous money withdrawals by swiping debit cards from any bank. The service will be accessible in more than 30 areas across 10 urban areas, including Mumbai, Delhi, Hyderabad, Bengaluru, Chennai, Pune, Chandigarh, Kolkata,  Ahmedabad, and Jaipur, the organization said in an announcement.

“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.

Clients can swipe debit cards to withdraw a sum of up to Rs 2,000 for each card. This is empowered using PoS machines accessible as a part of Ola taxis positioned nearby Yes Bank offices across different areas in these urban areas.

“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.

Yes Bank has been putting forth mobile ATMs in co-operation with different banks also. Supporters of the @Olacabs Twitter account have been getting normal reports on the areas of mobile ATMs, some of which were conveyed with the assistance of Indian Overseas Bank. Mobile ATMs from Punjab National Bank and State Bank of India were also set up. A list of areas where mobile ATMs controlled by Yes Bank will be found is recorded on the Ola Blog.

Ola-Cash-on-Wheels Terms and Conditions:

  • This transaction can be carried out only with debit cards issued in India.
  • You can’t withdraw more than 2000 per day, per debit card and it is subject to availability of cash.
  • This Rs. 2000 will be considered as part of the Overall Weekly/Daily withdrawal limit of Rs 24,000 from all channels i.e. ATM, Branch, Micro ATM, Cash @ POS.
  • Cash@POS transactions will be processed only for cards that have this feature enabled by the respective Debit card Issuing Bank.

List of Places Where Mobile ATMs will be placed: Here’s the list of locations where the mobile ATM’s will be positioned:

CITY Branch Name Address
BANGALORE Kasturba Road Ground Floor, Prestige Obelisk, Municipal No.3, Kasturba Road, Bangalore 560001
Bannerghatta road Ground Floor, BDA no 10” J.P Nagar, III phase, Bannerghatta Road, PO Banglore-560 078
Bel Road Part Ground floor, Rasasri Chambers, No. 18, New BEL Road, Bangalore, Karnataka. PIN – 560054
Whitefield HVP Aster, Hoodi Village, Opposite Brigade Metropolis, Whitefield ITPL Main Road, Bangalore – 560 048.
CHENNAI T Nagar Ground & First Floor, New Door no. 31, Old Door No 15, Plot no 109, Block no 2, Bazullah Road, Theagaraya Nagar, Chennai, Tamilnadu – 600017.
Indira Nagar Part Ground Floor, M49 & M50, Lattice Bridge Road, Indiranagar, Chennai – 600020 (Tamilnadu)
Anna Nagar Ground floor, J block, Door No 22, 3rd Avenue, Anna Nagar, Chennai, Tamilnadu – 600102.
HYDERABAD Begumpet Ground Floor, Agravanshi Plaza, Bearing No 1-8-387, HUDA Lane, off S.P. Road, Secunderabad, Andhra Pradesh-500003
Hi-Tech City Ground Floor, Sun Towers, Sector-1, HUDA Techno Enclave of Madhapur Village, R.R District. Andhra Pradesh- 500081
Somajiguda Ground Floor, “Mayank Towers”, Survey no. 31 (Old). 31/2(New), Raj Bhavan Road, Somajiguda, Hyderabad – 500082
AHMEDABAD Science city Shop No 1 & 2, Ozone Solitaire, Opposite Hetarth Party Plot, Science City Road, Sola, Ahmedabad- 60, Gujarat, India
Gurukul Ground Floor, Shop No. G2, Atlantis Enclave, Near Subhash Chowk, Gurukul, Ahmadabad, Gujrat – 380052.
JAIPUR Vaishali Nagar E -1 & E- 45, Ground floor, UDB Hall Mark Building, Gautam Marg, Vaishali Nagar, Jaipur 302021.
PUNE Bund garden Galaxy Society, Dhole Patil Road, Bund Garden, Pune, Maharashtra. PIN – 400 001.
Pimpli saudagar Ground Floor, Survey No 141/2,3,4,5, Rajaveer Palace, Phase II, Pimple Saudagar, Pune – 411027 Maharashtra
MUMBAI Andheri West SME G1, Ground Floor, Valecha Chambers, Plot B-6, New Link Road, Andheri (W), Mumbai 400053
Santacruz Ground Floor, Sailesh Building, Linking Road, Santacruz (West), Mumbai , 400 054
Worli Ground & 1st Floor, Moti Mahal, Next to City Bakery, Dr. Annie Beasant Road, Mumbai – 400 018
Vashi SME Shop No 18-Gr Flr, Unit no 1& 2-First floor, Shree Ganesh Co-op Hsg society(P), Plot No 9, Sector 1, Vashi, Navi Mumbai – 400705
Juhu Duru Kripa, Plot No: 3, Nutan Laxmi CHS Ltd, J.V.P.D Scheme, Road No 10, Vile Parle(W), Mumbai 400 049
Prabhadevi Part Ground Floor, Bengal Chemical Bhavan, 502, Swatantrya Veer Savarkar Marg, Prabhadevi, Mumbai 400025.
KOLKATA Russell Street Kanak Tower, 7A Anandilal Poddar Sarani ,Ground Floor ,Kolkata-700071
Prince Anwar Shah Road 22 Prince Anwar Shah Road, Merlin Oxford, Kolkata-700033
CHANDIGARH Chandigarh Sec 9 Shop Cum Office (SCO) No. 151-152, Sector 9 C, Madhya Marg, Chandigarh 160017
Chandigarh – Sector 17C SCO No- 179 & SCO No -180, Sector 17C, Chandigarh, Pin: 160017
NCR South Extension D-12, South Extension Part-II, New Delhi-110048
Lajpat Nagar 4 Yes Bank Ltd Ground Floor, Mool Chand Crossing,6, Ring Road, Lajpat Nagar-IV, New Delhi-110024
Punjabi Bagh ground floor of 10, West Avenue, West Punjabi Bagh, New Delhi 110026. Land Mark – Opposite ICICI Bank
Noida Sector 63 Basement, Gr & First Floor, Plot no.38, Block-H1A, Sector 63, Noida -201301 Uttar Pradesh.
Fortune Global Ggn Fortune Global Arcade, Sikandarabad, Mehrauli Gurgaon Road, Gurgaon, Haryana – 122 002
Dwarka Sector 7 Ground Floor & First Floor, C-1/713E, Palam Extension, Sector-7, Dwarka, Delhi-110075
Janakpuri Ground Floor, G 09, G 10, G 11, G 12, Plot No 54 B, DDA Community Centre, Janakpuri, New Delhi PIN 110058

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