Demonetisation: RBI raises daily ATM cash withdrawal limit to Rs 10,000

The Reserve Bank of India on Monday increased withdrawals from ATMs from the current limit of Rs 4,500 to Rs 10,000 per day per card. However, the weekly withdrawal limit from banks remain at Rs 24,000 per week.

The withdrawal limit from



current accounts has been extended from Rs 50,000 to Rs 100,000 per week. These relaxations will be in effect from Monday midnight.

Withdrawal and deposit rules were put in place after the government announced its demonetisation drive on November 8.