Long queues were witnessed outside most banks and functioning ATMs across the capital, residents said.
At Lakshmi Nagar in east Delhi, hundreds queued up outside the only three ATMs that were dispensing cash.
In Dilshad Garden, also in east Delhi, most ATMs were dry. There was a huge rush outside five banks in the locality.
Shiv Kumar, a resident of Noida near Delhi, queued up outside the ICICI Bank in Sector 18 hours before it opened.
“Though the limit on withdrawals is Rs 24,000, banks are giving away only Rs 5,000,” he complained. “I have been standing here for the last three hours.”
At an ATM in Khirki extension in south Delhi, people queued up outside banks much before they opened.
“I have to pay my landlord, maid, newspaper guy and many others. I am not sure I will get cash as this ATM works only for an hour after it is refilled,” Nandini Gupta, a call centre employee waiting outside a Khirki extension ATM, said.
The scene was no different outside the ATMs in Connaught Place in the heart of the city.