Reserve Bank with effect from 1st February 2017 has removed daily limit of Rs.10000 and made it Rs.24000 per day or the limit set by the bank for daily withdrawal thro card retaining Rs.24000 limit per week.
Reserve Bank with effect from 20th February 2017 will raise daily withdrawal limit from Savings Bank account to Rs.50000.
Reserve Bank with effect from 13th March 2017 will remove all limits for cash withdrawal from Savings Bank Account.
With that all restrictions on cash withdrawal from all type of accounts and ATM with go and normal transactions will take place bringing demonetisation process to end.
