Due to Coronavirus lockdown bank account holders will find it difficult to visit bank ATMs. But relief is here! For helping those people who find themselves locked and find it difficult to visit ATMs for withdrawing money, several banks have launched ‘money at your doorstep’ service.
What is Doorstep banking Service
Doorstep banking is a facility provided to you so that you don’t have to visit your bank branch for your routine banking activities like cash deposit, cash withdrawal, cheque deposit or making a demand draft.
Cash Delivered at Your Doorstep by Banks!
Major Indian big banks including the SBI, ICICI Bank, HDFC Bank, Axis Bank, and the Kotak Mahindra Bank will deliver money at the customers’ doorsteps.
State Bank of India
The State Bank of India (SBI), the nation’s biggest lender is providing the doorstep cash delivery service. Additionally, the bank gives the customer the facility to deposit money. Currently, this facility is available for senior citizens and specially-abled people. But in case of a medical emergency, any SBI customer can take advantage of this facility at the cost of Rs 100.
The largest private sector bank HDFC Bank also gives a doorstep delivery facility to its customers. The limit could be Rs 5000-25000. the bank could charge you between Rs 100-200. Other banks like Kotak Mahindra, Axis bank also give their customers this facility.
You Can Also Get An Instant Loan!
At the time of an emergency, if you don’t have money in your account, you can still arrange cash. there are many financial technology companies which give you the facility of instant loan. All you have to do is to complete KYC through their apps. You can get a loan between 12-24 hours. The loan will come directly into your account.