The government has allowed dispensing cash of up to 2,000 rupees through debit card swipe from selected petrol pumps including Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited petrol pumps which have State Bank's point of sale machines and have this facility. <br/><br/>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. <br/><br/>According to a press release, the facility will be available at two thousand five hundred petrol pumps. <br/><br/>Senior officials of public sector oil companies and SBI Chairman Arundhati Bhattacharya yesterday decided in a meeting that an amount of up to 2000 rupees per day per person in cash is to be dispensed against swiping of debit card where Point of Sale (POS) machines of SBI are already available.

The government has allowed dispensing cash of up to 2,000 Rupees through debit card swipe from petrol pumps. <br/><br/>Selected Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited petrol pumps, which have State Bank's point of sale machines, will have this facility. <br/><br/>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. <br/><br/>According to a press release, the facility will be available at two thousand five hundred petrol pumps. <br/><br/>Senior officials of public sector oil companies and SBI Chairman Arundhati Bhattacharya yesterday decided in a meeting that an amount of up to 2000 rupees per day per person in cash is to be dispensed against swiping of debit card where Point of Sale (POS) machines of SBI are already available.