RBI increases cash withdrawal limit from ATMs to Rs 10000 per day

Reserve bank of India on Monday decided to increase the cash withdrawal limits from ATMs has been enhanced from the current limit of ₹ 4,500/- to ₹ 10,000/- per day per card (It will be operative within the existing overall weekly limit).

The limit on withdrawal from current accounts has been enhanced from the current limit of ₹ 50,000/- per week to ₹ 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.