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Cash withdrawal limits from ATMs increased from Rs. 2500 to Rs. 4500 per day per card

RBI circular DCM (Plg) No. 2142/10.27.00/2016-17 dated December 30, 2016 to the Chairman / Managing Director/ Chief Executive Officer of Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks / District central Cooperative Banks

1. 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”.

2. 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.

3. The relaxation of withdrawal limits as enabled by our circular DCM (Plg) No. 1437/10.27.00/2016-17 dated November 28, 2016 remains unchanged.

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