ATMs run dry in Tamil Nadu for third day, serpentine queues before banks add to woes of people

People faced huge difficulties in exchanging scrapped Rs 500 and Rs 1,000 notes for the third day on Friday as they had to form serpentine queues before banks in Tamil Nadu. If that was not enough, even ATMs in the state ran out of cash.

Only select ATMs were functional on Friday also, leading to long queues and frustration among the people while banks continued to witness huge demand for cash.

At many places, public were frustrated and disappointed that they could not even withdraw the Rs 2,000 cash allowed despite standing for long hours in front of ATMs.

Also Read: Demonetisation: Long queues, dry ATMs add to woes of people across country

Following government's announcement that banks would operate today and tomorrow, the number of people thronging the branches of banks was higher than the past two days in view of the week-end.

Meanwhile, petroleum dealers association here said it would accept exchange of old and new Rs 500 and Rs 1,000 denominations till November 14 as government has extended the exemptions of certain transactions.

The government last night extended use of defunct 500 and 1,000 notes for paying household utility bills, fuel, taxes, fees and purchases from co-operative stores till November 14.

Also Read: As it happened: India's great cash rush: Delhi, Kerela, UP, WB stuck in ATM queues