In the coming three days, Indore citizens will be relieved from the ordeal of seeing ATMs run dry, said collector P Narahari after a video conference with senior officials in Bhopal.
“Officials told us that fresh banknotes are being printed and they would reach Indore in large quantities within the next two to three days,” he said.
Farmers are being allowed to withdraw Rs 25,000 from cooperative banks, thus easing payment for purchasing seeds, fertilisers and other vital transactions.
The collector said till November 24, people will be able to pay their current and previous dues, fines etc related to land revenue, mining, other government and municipal dues with demonetised banknotes.
Meanwhile, it took an average of half-an-hour to withdraw money from ATMs in the city and an hour or so for cash exchange or depositing moneuy in most banks.
Some ATMs of State Bank of India (SBI) in Indore started dispensing Rs 2,000 notes on Thursday.