Are you tired of Standing in Que for cash at the bank or ATM With Cash? Now you can order cash online and get it delivered at your doorstep. After Grofers and Ola Cabs, it’s now India’s leading online marketplace Snapdeal which announced the launch of a new facility called “Cash@Home“, which allows people to order the cash delivery of Rs. 2000.
Customers can now order Rs 2,000 Cash per booking and the cash will get delivered the next day. In the pilot phase the service is currently available in Gurgaon and Bangalore where users can pay for cash using ATM card. The service will soon be extended to other major cities in the upcoming days.
How Cash Delivery Service works
The way it works is very simple – you just need to install the Snapdeal app, and then it uses your location data to check if there is cash available in your area. According to Snapdeal, if cash if available, you’ll get a push notification and an SMS notification, taking you to the order page.
With its ‘Cash@Home’ service, users can request for a maximum of Rs 2,000 per booking and use any bank’s ATM card to pay for the cash. A nominal fee of Rs.1 will be charged as convenience fee, which will be paid through FreeCharge or through a debit card at the time of booking. The next day, a Snapdeal logistics executive Will arrive at your house with a POS machine, and you can swipe your card and get your cash. There is a Rs.2,000 per day limit on the booking, and you don’t have to order anything else.
- Check your pin code for availability of service
- Choose to get Rs 2000 delivered to you.
- Pay rs 1 as delivery fee.
- Swipe your card for Rs 2000 and get instant cash delivery.
On Cash@Home service Snapdeal’s co-founder Rohit Bansal in a recent statement said,
“As the country transitions to a more digitally enabled economy, we’ve launched a series of timely initiatives – from wallet and card on delivery, to extending FreeCharge partnerships to smoothen this transition. The launch of the cash on demand service is intended to further help our consumers tide over any cash crunch that they might face in addressing their daily needs.”
Snapdeal isn’t the first tech company to offer a cash delivery service though. On-demand delivery start-up Grofers recently tied up with Yes Bank to allow customers to get cash of upto Rs 2,000 delivered at home on ordering from its grocery platform. However, unlike Snapdeal, in the case of Grofers, you also need to order groceries worth Rs. 2,000 to get cash delivered.
Taxi aggregator Ola has also even tied up with Yes Bank to deliver cash at your doorstep through micro ATMs powered by the bank. Moreover, Yes Bank and Ola launched a mobile ATM service allowing users to withdraw upto Rs 2,000 per card (of any bank account) from PoS terminals of Ola cabs, which are located near Yes Bank branch/ATMs across 30 locations in 10 cities.
At a time when the country is going through cash crunch due to demonetization drive and people are struggling to get cash even after standing in queues for hours outside banks and ATM’s – this service is expected to bring some breather for the citizens.