New Cash
Withdrawal limits- Rs. 10,000 for ATMs & Rs.1,00,000 for Current Accounts..
RBI/2016-1 7/213
DCM (Plg) No. 2559 /10.27.00/2016-17 January 16, 2017
The Chairman /
Managing Director / Chief Executive Officer,
Public Sector Banks /
Private Sector Banks / Foreign Banks /
Regional Rural Banks /
Urban Co-operative Banks /
State Co-operative
Banks/District Central Co-operative Banks
Dear Sir,
Enhancement of withdrawal limits from ATMs and Current
Accounts
Please refer to our circulars DCM (Plg) No. 1274, 1317
and 2142/10.27.00/2016- 17 dated November 14, 21 and 28 and December 30, 2016,
respectively, on the above subject.
On a review of limits placed on withdrawals from ATMs
and current accounts, it has been decided to enhance the same, with immediate
effect as under:
(i) The limit on
withdrawals from ATMs has been enhanced from the current limit of Rs.4,500 to
Rs.10,000 per day per card (It will be
operative within the existing overall weekly limit).
(ii) The limit
on withdrawal from current accounts has been enhanced from the current limit of
Rs.50,000 per week to Rs.1 ,00,000 per week and it extends to overdraft and
cash credit accounts also.
There are no changes in the other conditions. The
relaxations as provided in our circular dated November 28, 2016 will continue.
Please acknowledge receipt.
Yours faithfully,
(P Vijaya Kumar)
Chief General Manager, RBI
No comments:
Post a Comment