Cash withdrawal limit from Current Account increased to Rs. 50000 per week. C/A must be operational for last three months or more-RBI

Cash withdrawal limit from Current Account increased to Rs. 50000 per week

Cash withdrawal limit from Current Account 

Reserve Bank of India (RBI) vide its notification dated 14th November, 2016 has taken several measures consequent to withdrawal of Legal Tender Character of Specified Bank Notes by expanding the distribution locations for deposit and withdrawal of cash

Cash withdrawal by Current Account holders

The current account holders (applicable to Current Accounts which are operational for last three months or more) are allowed to withdraw up to ₹ 50000 in a week. Such tenders will be disbursed predominantly in ₹ 2000 denomination only.

Download Full Notification Click Here >>

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