ATMs Don't Have Cash? Not A Big Deal For These Students

Don't have an account?
Just enter your email id or mobile no and create your account in two easy steps!

🇮🇳
- 🇮🇳
- 🇳🇿
LOGIN

I am a
looking for
Country

[{"type":"txt","id":"rich_1481010670313","data":"Extremely long queues rivalling the queue at Tirupati has become a common sight at any ATM across the country, thanks to demonitization. As of last week, the daily withdrawal limit is Rs. 2000 and that has lead to a massive shortage of liquid cash among all citizens. But our beloved students, who are experts in the stereotypical Indian Jugaad to solve problems, have figured out several quirky and funny life hacks to get cash without having to bother going to an ATM.<\/p>"},{"type":"txt","id":"rich_1481010826409","data":"Meet Srikar Aditya, an MBA student from the city. Like every other student, he has a swanky smartphone loaded with apps and he uses his phone to make app based transactions. \u201cI make a lot of app based transactions and most of the time, I go to a bakery owned by a friend of mine. He gets a lot of cash so I just transfer him money in the app and I take how much ever I want,\u201d says Aditya.<\/p>"},{"type":"txt","id":"rich_1481010832543","data":"While this seems like a normal simple life hack, Srinath, another B-school student has another life hack which takes some managerial and team management skills. \u201cWhenever we have to celebrate a friend\u2019s birthday or whenever a bunch of us go out, I take the responsibility of making the cake\/treats\/gift purchases or to book tickets and I just take Rs. 100 and Rs. 50 from everyone. I never run out of cash this way,\u201d beams Srinath.<\/p>"},{"type":"txt","id":"rich_1481010830137","data":"These can be expected but what Mekaeel Shaikh did is quirkier than anything we\u2019ve heard of. \u201cI know that beggars in the city have a lot of change with them. I found a beggar at a medical shop and I took the change from him and made the payment for him using my card. He regularly exchanges money at that particular shop. So I just paid the shop using my card, they gave him Rs. 100 notes and I conveniently ended up with a lot of change,\u201d explains Mekaeel.<\/p>"},{"type":"txt","id":"rich_1481010892081","data":"So regardless of what the situation is, Hyderabadi students have proven yet again any problem can be solved using the Indian Jugaad method.<\/p>"}]

Message

Experience the best version of stumagz by getting the app.

Get College News, Updates
at just 5 MB

Complete Form

Experience the best version of stumagz by getting the app.

Get College News, Updates at just 5 MB

Complete Form

Responses

Get College News, Updates
at just 5 MB