No cash withdrawal limit from March 13,2017 : RBI

The Reserve Bank of India announced that the cash withdrawal limit on savings accounts will be scrapped from March 13, 2017 .

Further, the current limit of withdrawal fixed at ₹24,000 per week will be raised to ₹50,000 per week from February 20,2017 the RBI added. The limits on bank withdrawals were placed after demonetization

Source- The Economic Times

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