V-Mart Retail will allow cash withdrawal of up to Rs 2,000 from its store through ATM cards. The retail chain, which operates 136 stores across 116 cities, will enable Smart ATMs at all its stores to allow citizens to withdraw cash through their debit cards. The company is enabling the citizens in remote areas of the country with limited exposure to banks get easy availability to cash in order to ease cash crunch post demonetization.
V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family.
