Demonetisation: Not even a single penny in 53 days for some in Hyderabad

Hyderabad: Fifty-three days after demonetisation, some people have still not been able to withdraw cash from either their bank account or an ATM.

Mr G. Krishna, a private company employee from Dilsukhnagar, said that he had still not managed to draw money from his bank due to the rush.

“I managed in November with leftover change, but we faced many problems this month. Bankers gave priority to government employees in the first week and I was unable to withdraw money. I lined up at ATMs at nights but the machine ran out of cash many times,” he said.

He said a friend, who ran a tea-stall at Malakpet, helped him out by giving Rs 2,000 in smaller denominations. “I transferred the same amount into his account and I managed with that amount by using card payments to purchase essential commodities. I am still not able to withdraw cash, he said.

Mr G. Ramesh, a trader from Mahbub Mansion market in Malakpet, said he along with 100 other Ayyappa devotees were on a maha padayatra from Secunderabad to Sabari when the demonetisation was announced.

“We had Rs 500 and Rs 1,000 denomination notes with us and faced many problems. At Selam, a few friends and relatives gave us some money. We came back 15 days ago but we have been unable to withdraw money from ATMs,” he said.

Mr Shivraj Patil, president of Krishna mandal in Mahbubnagar, said the entire mandal did not have an ATM and most farmers have been unable to withdraw cash from banks located in Gadwal and Maganoor because of the rush and banks running out of money.