Dear Horny Amit..
This change deduction issue is a menace,mongers like us are facing eversince dance bars started.
Earlier they would cut 10%
Then about 10 yrs back,they hiked it to 20%
Now,it's between 30-40% depending upon the statute of joints.
They do it,as they deduct that percent from you beforehand,before reaching that money in chiks hands.
I have befriended a petrol pump guy who gives me change..he gives twenty notes,fifty notes..but I need to tell him in the morning that I need change in the evening..
I give him about 5% cut for that sum he is very very happy.He always sort notes before giving me bundles as the notes are almost crisp.
Now,there is a catch too..
When I take out bundles in some joints,they object..a few joints do object..
But then I quickly tell them to bring bill..then they sometimes allow me..
For that,before taking bundles out,I make sure I tip 50-50 to both the waiter n black coat of my table so I can go ahead with my splurging..
Thus I save around 2500 on my each visit,when I get change of 10k.from petrol pump guy.
Second way to get change is thru it bank but these bank tellers give only one two bundles and not more.
But if u hv contacts in bank,u can get whatever amount u want as change.
Hope,this info helps u..
Getting 40% deduction is criminal wastage of money,I feel...
What do my buddies think?