INOX pioneers the initiative to make multiplexes become ATMs

| Updated: Nov 25, 2016 23:25 IST

New Delhi [India], Nov 25 (ANI): India's premier multiplex chain INOX Leisure has launched a new initiative to ease the process of cash withdrawal for the common man while supporting the demonetization drive of the Government. The company has partnered with State Bank of India (SBI) to facilitate this transaction at the nearest INOX multiplex using a debit card. Citizens can simply swipe their debit cards, enter their PIN number and take up to Rs. 2000 in cash per card per day. All applicable guidelines of the Reserve Bank of India with regard to cash withdrawals shall be followed. The facility will be available across 17 properties starting today, and will be made available at the remaining 89 properties over the course of the weekend. "We, at INOX Leisure, believe that the current demonetization will have a positive impact on the Indian economy. We want to serve the nation at large by assisting the government in achieving their objectives of building a progressive economy. Through this effort, we are attempting to ease any difficulties that are currently being faced by people due to demonetization. INOX Leisure is proud to be the first multiplex in the country to launch this initiative and make a contribution towards achieving the objectives of the demonetization drive by the government," said Director INOX Leisure Ltd., Siddharth Jain. "We are glad to partner with INOX Leisure for the initiative that they have undertaken during this phase. At SBI, we provide support to customers and this association with INOX coincides with our offering," said State Bank of India (SBI). (ANI)