Dry ATMs again: 83% in Hyderabad could not get cash last week, report

White label Atms

New Delhi, April 13: Five months after demonetisation, cash crunch and dry ATM machines cease to leave some parts of the country, says a survey on Thursday.

The report further says the cash at ATMs has worsened in the last two months. The survey conducted by the LocalCircles citizen engagement platform says as much as 83 per cent citizens who visited ATMs last week in Hyderabad, could not find the cash. The figure was 69 per cent in Pune, said the survey.

Overall, the survey claims 36 per cent of the respondents could not find cash in ATMs between April 5 and April 8. It also pointed such spell was noticed between February 14 and February 16, when 22 per cent people faced problems in finding a cash dispensing ATM but the figure is worse than last time.

Over 10,000 citizens across India participated in the survey.

Many respondents said that they are withdrawing cash from the ATMs as some banks are levying a transaction fee after every four withdrawals. This could be a reason for ATMs to quickly running out of cash.

LocalCircles conducted a citizen pulse check in 11 cities across India and found that Hyderabad was worst hit by ATM outages followed by Pune. Eighty-three per cent citizens in Hyderabad and 69 per cent in Pune said that they were unable to get cash from ATMs between April 5 and April 8.

Delhi recorded the highest amount of ATMs dispensing cash, with only 11 per cent citizens unable to find money in the ATMs during the period.

Wefornews Bureau (with IANS inputs)

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