Cash withdrawal from ATMs – Enhancement of daily limits
Please refer to our circular DCM (Plg) No. 1424/10.27.00/2016-17 dated November 25, 2016 on “Withdrawal of cash from bank deposit account – Relaxation”. On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly limits specified) with effect from January 01, 2017, from the existing Rs 2500/- to Rs 4500/- per day per card. There is no change in weekly withdrawal limits. Such disbursals should predominantly be in the denomination of Rs 500. The relaxation of withdrawal limits as enabled by the circular DCM (Plg) No. 1437/10.27.00/2016-17 dated November 28, 2016 remains unchanged.
Reserve Bank of India