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Reserve Bank of India increase withdrawal limit to 10,000 per day



Reserve Bank of India increases withdrawal limit Rs.10,000 per day

The Reserve Bank of India increases withdrawal limit from the ATMs upto Rs.10,000 per day.

But it must be noted that the weekly withdrawal limit from the ATM remains same that is, 24000.

Weekly withdrawal limit remains same Rs.4500

The withdrawal limit from the current Account has been increased to Rs.1,00,000 per week.

The currently withdrawal limit from the Current accounts was Rs.50,000 per week.

The current withdrawal limit was Rs.4500 per day which did not suited the people as the withdrawal limit was very low.

But due to circulation of new denomination notes of Rs.1000 and Rs.500, RBI has increased the withdrawal limit.

On 28th December, reserve Bank of India increased the withdrawal limit from 2500 to 4500 per day from 1st January.

After demonetisation, long queues were seen at the ATMs and due to this RBI has taken the decision to increase the withdrawal limit.



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