Withdrawal limit from Savings account Rs 50,000 per week from Feb 20, no limit from March 13
February 08, 2017
Mumbai: Reserve Bank of India has decided to withdraw the limit on cash withdrawal from savings accounts in two stages. From 20 February, the limits of cash withdrawal will be enhanced from Rs 24,000 at present to Rs 50,000 per week. From 13 March there will be no limit on cash withdrawal from savings bank accounts. This announcement was made by Deputy Governor Gandhi today.
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