Cash withdrawal from ATMs increased upto Rs.4500 per day per card from 1.1.2017 – RBI Orders on 30.12.2016

Cash withdrawal from ATMs – Enhancement of daily limits

RBI/2016-17/204
DCM (Plg) No. 2142/10.27.00/2016-17

December 30, 2016

The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/
Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks
District central Cooperative Banks

Dear Sir,

Cash withdrawal from ATMs – Enhancement of daily limits

Please refer to our circular DCM (Plg) No. 1424/10.27.00/2016-17 dated November 25, 2016 on “Withdrawal of cash from bank deposit account – Relaxation”.

2. On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly limits specified) with effect from January 01, 2017, from the existing ₹ 2500/- to ₹ 4500/- per day per card. There is no change in weekly withdrawal limits.Such disbursals should predominantly be in the denomination of ₹ 500.

3. The relaxation of withdrawal limits as enabled by our circular DCM (Plg) No. 1437/10.27.00/2016-17 dated November 28, 2016 remains unchanged.

4. Please acknowledge receipt.

Yours faithfully,

sd/-
(P Vijaya Kumar)
Chief General Manager

Authority: www.rbi.org.in

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Press Release

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter – November 2016

JANUARY 2016	269
FEBRUARY 2016	267
MARCH 2016	268
APRIL 2016	271
MAY 2016	275
JUNE 2016	277
JULY 2016	280
AUGUST 2016	278
SEPTEMBER 2016	277
OCTOBER 2016	278
NOVEMBER 2016	277
DECEMBER 2016