The Reserve Bank of India, now has successfully increased the limits for ATMs along with current accounts. Now, you can easily withdraw an amount of Rs. 10,000 from ATMs instead of Rs. 4,500 on daily basis. For current accounts Limit on withdrawal has increased up to Rs. 1,00,000. It’s a really a good nest for all those people who are still standing in long lines in front of Banks and ATMs to get the money.
Al cash-starved citizens are getting a sign of relief since this news broadcasts. However, withdrawal limit set for weeks still limits at Rs.24,000 from saving accounts. That’s the biggest relaxation that RBI has gifted to the citizens since high currency note demonetisation. Now, it’s 70 day passed since the decision was taken.
What are you waiting for? Take your credit card to the ATM and take the amount you want. Bring cash to your home and spend it without having a fear of cash withdrawal limits.
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