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YES Bank, India’s fifth-largest private sector bank, has partnered Ola to set up mobile ATMs for cash withdrawal.
The service will be made available in over 30 locations across 10 cities including Mumbai, Delhi, Bengaluru, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur. Customers can swipe debit cards of any bank to withdraw an amount of up to Rs 2,000 per card.
This is enabled using Point of Sales machines available in Ola cabs stationed near YES Bank branches across locations in these cities.
“This is an important time for banking and mobility to come together and help people. Ola's fleet and technology strengths complement YES Bank’s service, and enable convenient cash withdrawals for people. Ola is also accepting various modes of cashless payments on its app,” said Raghuvesh Sarup, CMO & Head of Categories at Ola.
Ola is into digital technology and enables convenience for consumers.
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