RBI increases daily ATM withdrawal limit to Rs 10,000
"The limit on withdrawals from ATMs has been enhanced from the current limit of Rs.4,500/- to Rs.10,000/- per day per card (It will be operative within the existing overall weekly limit)," the RBI said in a statement.
The Bank said the limit on withdrawal from current accounts has been enhanced from the current limit of Rs.50,000 per week to Rs.1,00,000 per week and it extends to overdraft and cash credit accounts also.
Withdrawal limit from ATMs were reduced after the Centre on Nov 8 announced its move to ban old Rs 500 and Rs. 1000 currency notes.
Earlier, the withdrawal limit was Rs. 4500 per day.
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