Ola, Yes Bank collaborate to set up 30 mobile ATMs


Ola has teamed up with Yes Bank to set up mobile ATMs across 30 locations in the country that will allow people to withdraw up to Rs 2,000 per card. The service will be made available in over 30 locations across 10 cities, including Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur.

The latest partnership comes only days after the homegrown ride hailing service joined hands with State Bank of India (SBI) and Punjab National Bank (PNB) to set up mobile ATMs in the country. Customers can swipe debit cards to withdraw an amount of up to Rs. 2,000 per card. This is enabled using PoS machines available in Ola cabs stationed near Yes Bank branches across various locations in these cities.


Rajat Mehta, Senior President & Country Head, Brand & Retail Marketing, Yes Bank, said

We are happy to partner with Ola to bring cash to the customer within easy reach and provide seamless withdrawal facility using Yes Bank PoS machines.

Raghuvesh Sarup, CMO & Head of Categories, Ola, added

This is an important time for banking and mobility to come together and help people. Ola’s fleet and technology strengths complement YES BANK’s service, and enable convenient cash withdrawals for people.


Author: Sneha Bokil

Sneha Bokil is a tech enthusiast and is currently using OnePlus 3T but she still treasures her Nokia N70 (M). You can follow her on Twitter @snehabokil and on Google+