Indian RBI increased daily withdraw limit up to 100000 per week.

Indian RBI increased daily withdraw limit up to 100000 per week.

Indian RBI   (Reserve Bank of India)   has declared the  withdrawal amount limit in a ATM is  RS  10,000  per day and  weekly withdrawal amount is nearly  Rs  24,000. In the  banks  RBI  has declared  withdrawal amount 50,000 to  1,00,000   per weekly.Due to problem facing by normal people the RBI has declared the amount withdrawal  is increased in a banks and ATM  also.

 The  RBI   declared  withdrawal limite extended from amount is 50,000 to  1,00,000 per week .This facility will be extended  to overdraft  and cash credit accounts.This decision by RBI will give the relax  to indian citizens with withdraw limits  comes as cash over the country wise.

The  executive director of  Maharashtra   R.K.Guptha  said that around 75% ATM  of banks are functioning  round the clock  and all banks are pushing more than 40%  of their  cash into rural ,urban  areas  to ensure cash availability.

Generally in normal  situations ATM distribute Rs 8,000 Crore among the country  on daily wise.We are gearing up for higher  loading frequency  to meet the requirement ,Said Rithuraj sinha The president of Cash Logistics Association.The demonetization period of banks and ATM are ended  on December 31.From1st January RBI has  declared  the  amount withdraw limit more than Rs 4500 per  day.