Kumari Palany & Co

New Procedure to withdraw money from the banks without crowds!

Posted on: 04/May/2020 2:47:33 PM
With a liberal extent of relations having been announced under lockdown conditions, the Indian Banks Association has introduced certain new rules from today (Monday, 4th May) until 11th May.

While the lockdown imposition is continuing as a preventive measure against the spreading of the raging coronavirus pandemic, a lot of relaxations have also been announced recently. As it is the 1st week of the month, many companies are paying the monthly salaries for their employees.

As such, in order to avoid a large crowd collecting at the banks for money withdrawal, the banks have come up with a new system. Account-holders whose account number ending with ‘0’ or ‘1’ can withdraw money today (Monday, 4th May). Similarly, those who have savings account numbers ending with ‘2’ and ‘3’, can withdraw tomorrow. This has been informed to the account holders as well and thus expected to the crowd level to the minimum!