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RBI NEW CERCULAR

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 1. Jan
    21
    
    
    
    DEMONIZATION NEW RBI CERCULAR
    
    RBI/2016-17/213
    DCM (Plg) No. 2559 /10.27.00/2016-17 January 16, 2017
    The Chairman / Managing Director / Chief Executive Officer,
    Public Sector Banks / Private Sector Banks / Foreign Banks /
    Regional Rural Banks / Urban Co-operative Banks /
    State Co-operative Banks/District Central Co-operative Banks
    Dear Sir,
    Enhancement of withdrawal limits from ATMs and Current Accounts
    Please refer to our circulars DCM (Plg) No. 1274, 1317 and
    2142/10.27.00/2016-
    17 dated November 14, 21 and 28 and December 30, 2016, respectively, on the
    above subject.
    2. On a review of limits placed on withdrawals from ATMs and current
    accounts,
    it has been decided to enhance the same, with immediate effect as under:
    (i) 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).
    (ii) 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.
    3. There are no changes in the other conditions. The relaxations as provided
    in
    our circular dated November 28, 2016 will continue.
    Posted 21st January 2017 by Khatarnaak Koushik
    
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