New Delhi, Dec 13 As India moves towards cashless society, Govt. of India has taken a number of initiatives to encourage the transformation.
As a part of these initiatives, to promote cashless transactions Government of India has announced to incentivise petrol / diesel customers transacting at PSU petrol pumps by way of 0.75% discount when a customer uses Debit / Credit Cards, Mobile Wallets and Prepaid Loyalty Cards.
The above would come into effect from 13.12.2016, 00.00 hrs. This amount of discount will be credited to customer’s account by way of cash back within maximum three working days of the transaction.