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No Limit for Cash Withdrawal from ATMs from February 1 – RBI Circular

No Limit for Cash Withdrawal from ATMs from February 1 – RBI Circular Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante RESERVE BANK OF INDIA www.rbi.org.in RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing Director / Chief Executive Officer, Public Sector Banks / Private … Read more

ATM Withdrawal increased to Rs.10000 per day – RBI Notification issued on 16.1.2017

ATM Withdrawal increased to Rs.10000 per day per card – RBI Notification issued on 16.1.2017 Enhancement of withdrawal limits from ATMs and Current Accounts 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 / … Read more

FAQ on Old Bank Notes in the denominations of 500 and 1000

Frequently Asked Questions (FAQs) on withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500/- and ₹ 1,000 and replies there to. PRESS INFORMATION BUREAU GOVERNMENT OF INDIA Frequently Asked Questions (FAQs) on withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500/- … Read more

Rs.5 discount for on-line payment of LPG refill

LPG customers to now get a discount for on-line payment of LPG refill Press Information Bureau Government of India Ministry of Petroleum & Natural Gas 03-January-2017 18:19 IST LPG customers to now get a discount for on-line payment of LPG refill Oil Marketing Companies, viz IndianOil, BPCL & HPCL are now offering an upfront discount … Read more

Cash withdrawal from ATMs increased to 4500 from 1.1.2017 – RBI Orders on 30.12.2016

Cash withdrawal from ATMs – Enhancement of daily limits RBI/2016-17/204 DCM (Plg) No. 2142/10.27.00/2016-17 December 30, 2016 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, Cash withdrawal from ATMs – … Read more

Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30.12.2016

Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30.12.2016 Press Information Bureau Government of India Ministry of Finance 19-December-2016 16:24 IST Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016 The deposits of old notes of Rs.500 and Rs.1000 denominations have … Read more

Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions

Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions Press Information Bureau Government of India Ministry of Finance 02-December-2016 18:15 IST Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBI’s instructions post demonetisation of Specific Bank Notes by the Government … Read more

FAQ on Specified Bank Notes – Emergency needs of cash then what I should do?

FAQ on Specified Bank Notes – Emergency needs of cash then what I should do? I have emergency needs of cash (hospitalisation, travel, life saving medicines) then what I should do? Till the December 15, 2016, specified banknotes of only 500 denomination can be used as under:— (a) for making payments in Government hospitals for … Read more

Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016

Relaxation on withdrawal of cash from bank deposit accounts – RBI Instructions on 28.11.2016 Withdrawal of cash from bank deposit accounts – Relaxation RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/ State Cooperative … Read more

Withdrawal of Cash from Bank account per week – RBI Instructions on 25.11.2016

Withdrawal of Cash from Bank account per week – RBI Instructions on 25.11.2016 Withdrawal of cash – Weekly limit RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 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 … Read more