RBI increases withdrawal limit

New Delhi, Jan 16 : Previously RBI restricted the withdrawal limit of savings account for Rs 4,500 and for Current Account withdrawal limit was Rs 50,000 per week. Now RBI has taken a new decision.

The RBI on Monday increased the daily ATM withdrawal limit from Rs 4,500 to Rs 10,000 and the weekly Current Account withdrawal limit from Rs 50,000 to Rs 1 lakh.

The withdrawals from ATMs will be operative within the existing overall weekly limit of Rs 24,000, a Reserve Bank of India communique said.

Due to Narendra Modi's decision Many Black, money holders were arrested.

Some People are still facing currency problem in India this decision will give some relief to people. This is a good news for Indians.