Withdrawal limit increases by Rs 500

Withdrawal limit increases by Rs 500

Mumbai – The Central government has increased the limit of withdrawal from ATMs and banks by Rs 500. It means one can now withdraw Rs 2500 and exchange Rs 4500 daily. The finance ministry has instructed the banks on Sunday about the increased limit. Besides this, weekly limit of withdrawal from bank accounts has also been increased from Rs 20,000 to Rs 24,000. The pensioners can now submit their living certificate till 15th January. As per the press release, the banks in the country have received the amount of over Rs 3 lakh crore after the announcement of demonetization of Rs 500 and Rs 1000 denominations. The bank account holders have been issued Rs 50,000 crore from banks and ATMs.

MumbaiLive would like to send you latest news updates