Man gets Rs 20,000 in 10 rupee coins weighing 15 kg from Delhi bank
As people across the country queued up in front of every banks and ATMs to get their money exchange or draw money in the wake of demonetisation, a Delhi man, in what could be a first, received Rs 20,000- all in 10 rupees coins, from a bank in Jasola in South Delhi.
Imtiaz Alam, who is a public relations professional, after waiting for four hours outside the Jamia Cooperative bank in Jasola, received his Rs 20,000 withdrawal in Rs 10 coins. The 2000 ten rupees coins, according to the Indian Express, weighs an astounding 15 kg.
Alam said: “The ATM at the bank has not functioned even once since demonetisation came into effect. The bank too is perpetually low on cash.”
“I went to the manager and requested him to do something. He said they were receiving very little cash from RBI. I was persistent and then he asked if I am okay with Rs 20000 in Rs 10 coins and no notes. I agreed. In 15 minutes, they gave me the coins. I kept them in a bag, put it on my shoulder and walked out,” Alam was quoted as saying.
On November 8, Prime Minister Narendra Modi had announced high value notes- Rs 500 and Rs 1000-will cease to be legal tender. In place of the old notes, new notes of Rs 2000 and Rs 500 have been introduced.