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RBI Releases Statement: Raises Daily ATM Withdrawal Limit To Rs 10000

By: ashmit_notpatel | Posted Jan 16, 2017 | General | 9114 Views

If you have been praying for an increase in the ATM withdrawal limit, RBI has heard your plea


After extending the daily withdrawal limit from Rs 2500 to Rs 4500 a few days ago, they have now increased the limit to Rs 10000


However, Rs 10000 is the daily withdrawal limit and there has been no extension of the weekly withdrawal limit which is still Rs 24000


The previous weekly limit of Rs 50000 withdrawal from current account has also been upgraded to Rs 100000. This also extends to overdraft and cash credit accounts


With the bank queues becoming shorter after the withdrawal limit was increased to Rs 4500, this extension will make the withdrawal process easier and hassle free for all of us


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