{"id":96291,"date":"2016-12-31T16:39:59","date_gmt":"2016-12-31T11:09:59","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=96291"},"modified":"2016-12-31T16:39:59","modified_gmt":"2016-12-31T11:09:59","slug":"daily-limit-of-cash-withdrawal-from-atms-enhanced-to-rs-4500-per-day-per-card","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/31\/daily-limit-of-cash-withdrawal-from-atms-enhanced-to-rs-4500-per-day-per-card\/","title":{"rendered":"Daily limit of cash withdrawal from ATMs enhanced to Rs 4500 per day per card"},"content":{"rendered":"<p style=\"text-align: center;\"><strong>Cash withdrawal from ATMs \u2013 Enhancement of daily limits<\/strong><\/p>\n<p style=\"text-align: justify;\">Please refer to our circular DCM (Plg) No. 1424\/10.27.00\/2016-17 dated November 25, 2016 on \u201cWithdrawal of cash from bank deposit account &#8211; Relaxation\u201d.\u00a0On 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 \u00a0Rs 4500\/- per day per card. There is no change in weekly withdrawal limits. Such disbursals should predominantly be in the denomination of Rs 500.\u00a0\u00a0The relaxation of withdrawal limits as enabled by the circular DCM (Plg) No. 1437\/10.27.00\/2016-17 dated November 28, 2016 remains unchanged.<\/p>\n<p style=\"text-align: right;\">Reserve Bank of India<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash withdrawal from ATMs \u2013 Enhancement of daily limits Please refer to our circular DCM (Plg) No. 1424\/10.27.00\/2016-17 dated November 25, 2016 <\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-96291","post","type-post","status-publish","format-standard","hentry","category-hot_off_the_press","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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limits from ATMs and Current Accounts enhanced","author":"Saba","date":"January 17, 2017","format":false,"excerpt":"Enhancement of withdrawal limits from ATMs and Current Accounts Please refer to our circulars DCM (Plg) No. 1274, 1317, 1437 and 2142\/10.27.00\/2016-17 dated November 14, 21 and 28 and December 30, 2016, respectively, on the above subject. 2. On a review of limits placed on withdrawals from ATMs and current\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85711,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/17\/demonetisation-expanding-distribution-locations-for-deposit-withdrawal-of-cash\/","url_meta":{"origin":96291,"position":1},"title":"Demonetisation: Expanding distribution locations for deposit &#038; withdrawal of cash","author":"Saba","date":"November 17, 2016","format":false,"excerpt":"Please refer to our\u00a0Circular No. DCM (Plg) No.1226\/10.27.00\/2016-17 dated November 08, 2016\u00a0on the captioned subject. With a view to widen the existing facilities to exchange\/deposit the specified bank notes and withdraw cash from their accounts, banks are advised to put in place the following additional measures so that member public\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85761,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/16\/rbi-dccbs-can-allow-existing-customers-to-withdraw-up-to-rs-24000-from-their-accounts\/","url_meta":{"origin":96291,"position":2},"title":"RBI: DCCBs can allow existing customers to withdraw up to Rs 24,000 from their accounts","author":"Saba","date":"November 16, 2016","format":false,"excerpt":"Withdrawal of Legal Tender Character of existing Rs 500\/- and Rs 1000\/- Bank Notes \u2013 Applicability of the Scheme to DCCBs Please refer to our\u00a0Circular No. DCM (Plg) No.1226\/10.27.00\/2016-17 dated November 08, 2016\u00a0on the captioned subject. It is clarified that District Central Cooperative Banks can allow their existing customers to\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85741,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/15\/usage-of-atms-waiver-of-customer-charges\/","url_meta":{"origin":96291,"position":3},"title":"Usage of ATMs \u2013 Waiver of customer charges","author":"Saba","date":"November 15, 2016","format":false,"excerpt":"A reference is invited to the\u00a0circular DPSS.CO.PD.No.316\/02.10.002\/2014-2015 dated August 14, 2014\u00a0on rationalisation of number of mandatory free ATM transactions for savings bank account customers for transactions done at their own bank ATMs as well as at ATMs of other banks. A reference is also drawn to\u00a0Circular No.DCM (Plg) No.1226\/10.27.00\/2016-17 dated\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87081,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/22\/cash-withdrawal-for-wedding-restricted-to-rs-2-5-lakhs-along-with-stiff-conditions\/","url_meta":{"origin":96291,"position":4},"title":"Cash withdrawal for wedding restricted to Rs 2.5 lakhs along with stiff conditions","author":"Saba","date":"November 22, 2016","format":false,"excerpt":"Please refer to our\u00a0Circular No. DCM (Plg) No.1226\/10.27.00\/2016-17 dated November 08, 2016\u00a0on the captioned subject. 2. With a view to enable members of the public to perform and celebrate weddings of their wards it has been decided to allow higher limits of cash withdrawals from their bank deposit accounts to\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86091,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/17\/demonetisation-banks-to-comply-with-rule-114b-of-income-tax-rules-1962\/","url_meta":{"origin":96291,"position":5},"title":"Demonetisation: Banks to comply with Rule 114B of  Income Tax Rules, 1962","author":"Saba","date":"November 17, 2016","format":false,"excerpt":"Please refer to our\u00a0Circular DCM (Plg) No.1226\/10.27.00\/2016-17 dated November 08, 2016 on the captioned subject. With a view to ensure compliance with provisions of 114B of the Income Tax Rules, 1962, the banks are advised as under: Anybody depositing more than Rs 50,000\/- in cash in their bank account has\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/96291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=96291"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/96291\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=96291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=96291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=96291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}