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Reading: Ola Cab Services to partner with Yes Bank and PNB, will help ease demonetisation hassle
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Ola Cab Services to partner with Yes Bank and PNB, will help ease demonetisation hassle
BusinessIndia

Ola Cab Services to partner with Yes Bank and PNB, will help ease demonetisation hassle

Ankita Sharma
Ankita Sharma Published December 6, 2016
Last updated: 2016/12/06 at 5:05 PM
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Ola Cab Services: The leading cab service provider Ola has recently partnered with Punjab National Bank to help ease out the hassle caused by demonetisation.  The partnership of Ola and PNB is deemed to aid cash withdrawals for citizens in Delhi and NCR.

Ola cab services to help ease cash-starved masses’ pain

Ola Cab Services to partner with Yes Bank and PNB, will help ease demonetisation hassle

“Through the extensive network of Ola cabs present across the state, we are able to bring these mobile ATMs closer to citizens, saving them from the hassles of cash withdrawals.” He further added, “As an Indian company whose vision is to build mobility for a billion Indians, we are thrilled to partner with leading banks like PNB, to support the government’s drive to eradicate black money and fake currency.”

-Deep Singh, Business Head, Ola(North Region)

Ola Cabs in the areas – Gurgaon, Laxminagar, Janakpuri, Civil Lines, AIIMS, Manesar, Nehru Place, Bhikaji Cama Place, Mayur Vihar, Faridabad, Tilak Nagar, Rajouri Garden and Greater Kailash have been providing relief to the hassled and cash-starved citizens.

In yet another venture partnering with Yes Bank, Ola cab service is sought to bring cash at the doorstep of their customers through the Micro ATMs built by the bank.

Ola Cab Services to partner with Yes Bank and PNB, will help ease demonetisation hassle

“This part of our commitment to serve as many customers as possible. We are working on a mobile solution with Ola, which means the cab will come to you to dispense money. We are in advance stages of closing out, and are hopeful of launching the service in a week to 10 days maximum.”

-Rajat Mehta, Senior President cum Country Head, Yes Bank

He further added that currently, the people have to come to the cabs while in future Ola cabs would reach the customers enabling them to withdraw cash. A mobile ATM service has been launched by Ola and Yes Bank through which the customers of any bank would be able to withdraw cash through the PoS terminals from the Ola cabs near the bank. This service will be rolled out in 10 cities in the country.

Mehta added that “this is an important initiative for creating solutions for the public.”

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TAGGED: Ola cab, Punjab National Bank, Rajat Mehta, Yes Bank

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Ankita Sharma December 6, 2016
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