16 January, Mumbai
The Reserve Bank of India Monday raised the daily Cash withdrawal limit of 4500 rupees from ATMs to ten thousand rupees per card with immediate effect.
However, the overall withdrawal limit from saving accounts will remain unchanged at 24 thousand rupees per week.
The limit on withdrawal from current accounts has also been enhanced from 50,000 rupees per week to one lakh rupees. It extends to overdraft and cash credit accounts also.
In its notification, the RBI said, the ceilings were raised following review of the current withdrawal limits. Earlier, the RBI had raised the ATM withdrawal limit from 2500 rupees to 4500 rupees form 1st of this month.