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RBI/2016-17/213
DCM (Plg) No.2559/10.27.00/2016-17
January
16, 2017
The Chairman / Managing Director
/ Chief Executive Officer,
Public Sector Banks / Private Sector Banks / Foreign Banks /
Regional Rural Banks / Urban Co-operative Banks /
State Co-operative Banks/District Central Co-operative Banks
Dear Sir,
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 accounts, it has been decided to
enhance the same, with immediate effect as under:
(i) The limit on withdrawals
from ATMs has been enhanced from the current limit of ? 4,500/- to ?
10,000/- per day per card (It will be operative within the existing overall
weekly limit).
(ii) The limit on withdrawal
from current accounts has been enhanced from the current limit of ?
50,000/- per week to ? 1,00,000/- per week and it extends to overdraft and
cash credit accounts also.
3. There are no changes in the
other conditions. The relaxations as provided in our circular dated
November 28, 2016 will continue.
4. Please acknowledge receipt.
Yours faithfully,
(P Vijaya Kumar)
Chief General Manager
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