Revision in Cash Withdrawal Limit.

RBI announced on 13th November, 2016 the revised limit of cash withdrawals from  bank account.

 

  1. The limit for exchange of Specified Bank Notes, over the counter has been increased from the existing Rs. 4000/- to Rs. 4500.
  2. The daily limit on withdrawal from ATMs has been increased from the existing Rs. 2000/- to Rs 2500/- per day in the recalibrated ATMs, other ATMs will continue to dispense Rs 50 and Rs 100 bank notes until they are re-calibrated.
  3. The weekly limit of Rs 20000/- for withdrawal from bank accounts has been increased to Rs 24000 and the daily limit of Rs 10000/- per day stands withdrawn.

 

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