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2017-01-02 11:14:23 by Priyadharshini
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From New Year you can withdraw Rs.4500/- from ATM newsreporter.in

From New Year you can withdraw from ATM

The Reserve Bank on Friday late night increased the withdrawal limit from ATMs to Rs 4,500 per day from the current Rs 2,500 from 1 January. However, there has been no change in the weekly withdrawal limit, which stands at Rs 24,000, including from ATM, for individuals (Rs 50,000 in case of small traders).

Earlier in the day, the RBI had permitted White Label ATM Operators (WLAOs) to source cash from retail outlets.

Most of the White Label ATMs are running dry since demonetisation as the operators were facing difficulties in sourcing cash from their sponsor bank(s).

2016-12-31 11:58:36 by Priyadharshini
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