Withdrawal of cash per week - RBI Instructions on 25.11.2016

RBI/2016-17/158

DCM (Plg) No.1424/10.27.00/2016-16

November 25, 2016

To,

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,

Withdrawal of cash – Weekly limit

Please refer to our circulars DCM (Plg) Nos. 1272/10.27.00/2016-17 and 1273/10.27.00/2016-17 dated November 13 and November 14, 2016, respectively. 

The banks are hereby advised that they may continue to allow their existing customers to withdraw cash from their accounts upto Rs. 24,000/- per week, till further instructions. 

The said limit include withdrawals from ATMs as stipulated in our circular DCM (Plg) No.1304/10.27.00/2016-17 dated November 20, 2016.

Please acknowledge receipt.

Yours faithfully,

(Suman Ray)

General Manager