Demonetisation: When will the bank withdrawal limit be reviewed? - News Summed Up

Demonetisation: When will the bank withdrawal limit be reviewed?


The current withdrawal limit of Rs 24000 from banks is applicable till December 30. Withdrawal Limit:With the demonetisation drive the government put limits on daily and weekly withdrawals from banks on November 8. Subsequently, the daily limit was removed and a weekly limit of Rs 24000 was imposed on cash withdrawals from banks till December 30. Top sources in finance ministry say that this limit has been imposed till December 30. But sources say that a limit on withdrawals is here to stay, even if the limit is increased after December 30.


Source: Hindustan Times November 25, 2016 10:01 UTC



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