Daily cash withdrawal limit from ATMs increased to Rs 4,500 from January 1

Daily cash withdrawal limit from ATMs increased to Rs 4,500 from  January 1

Ahmedabad: Reserve Bank of India(RBI) today in a statement said – On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly limits specified) with effect from January 01, 2017, from the existing Rs 2500 to Rs 4500 per day per card. There is no change in weekly withdrawal limits. Such disbursals should predominantly be in the denomination of Rs 500. The relaxation of withdrawal limits as enabled by earlier circular dated November 28 remains unchanged.

DeshGujarat