Ahead of Eid, over Rs 116 cr withdrawn from ATMs in state

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Srinagar – With people on a shopping spree, transactions worth more than Rs 116 crore were done from different Automated Teller Machines (ATMs) of Jammu and Kashmir Bank in last three days across the state.

A bank official here said more than two lakh people withdrew over 116 crore from the ATMs as shoppers thronged markets to buy food and sweets for the Eid festival which will be celebrated on Saturday.

As per the bank records, people withdrew about Rs 116 crores through 3.2 lakh transactions across the state during last three days,”

Till Wednesday evening, approximately Rs 32 crores through 86000 transactions from more than 400 J&K bank ATMs.

On Monday, Rs 26.68 crores and Rs 15.22 crores were withdrawn through 60000 and 40000 transaction in Kashmir and Jammu respectively.

Rs 28.27 crores were withdrawn on October 23 in Kashmir through 79000 transactions while as in Jammu, Rs 13. 78 crores were withdrawn through 37000 transactions from the J&K bank ATMs.

In the summer capital, shoppers thronged commercial areas of Lal Chowk, Residency Road and Karan Nagar to buy essentials for the festival as passenger buses were diverted to avoid traffic jams.

The state government has formed special market checking squads to ensure availability of essential supplies to the consumers on fixed rates on the eve of the festival.

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