- With the help of this facility, people will be able to withdraw the amount from their bank accounts from their home.
- This service will be availed by the customers of all banks.
- The money withdrawn by this mechanism will be delivered within 30-40 minutes of placing the order at the doorstep of the customer.
- Initially, the service is rolled out in Kochi, Kerala and will be extended to other cities of the state by Jan 2021.
- To place the order for cash withdrawal by this ‘Ace Money Micro ATM service’, the customer will have to use the AceMoney app.
- On placing the order, the delivery executive will visit the customer with a micro ATM. On swapping the ATM card and by entering PIN details, the money will be withdrawn.
- Static Part:
- HQ of ICICI Bank: Mumbai
- Tagline of ICICI Bank: Hum Hai Na, Khayal Aapka
- MD and CEO of ICICI Bank: Sandeep Bakshi
Question:
Q.1 In partnership with whom, Aceware launched ‘Ace Money Micro ATM service’ in Kochi, Kerala?
a. HDFC Bank
b. IDFC First Bank
c. ICICI Bank
d. Yes Bank
a. HDFC Bank
b. IDFC First Bank
c. ICICI Bank
d. Yes Bank
