ATM withdrawal constrain up at Rs 10,000

"The utmost on withdrawals from ATMs has been upgraded from the present furthest reaches of Rs 4,500 to Rs 10,000 every day for every card," RBI said.

By PTI | Published: sixteenth Jan 2017 6:19 pm Updated: sixteenth Jan 2017 7:08 pm

Withdrawal LimitFile photograph: Reserve Bank of India.Open

Mumbai: In a noteworthy help, the Reserve Bank on Monday dramatically increased the day by day ATM withdrawal breaking point to Rs 10,000 however held the week by week roof at Rs 24,000.

RBI however multiplied the week after week withdrawal constrain from current records to Rs 1 lakh from Rs 50,000 – a move which will ease money position of little dealers.

"On an audit of breaking points set on withdrawals from ATMs and current records, it has been chosen to upgrade the same, with prompt impact… ," the national bank said in a warning. 

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