Cash withdrawal limits to go from March 13: RBI - You can withdraw as much cash

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You can withdraw as much cash as you want from March 13. The Reserve Bank of India today said it will remove the cap on cash withdrawals from saving bank accounts in two phases since it expects cash supply to improve by next month.

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In the first phase, the withdrawal limit will be raised to Rs 50,000 from Rs 24,000 a week, effective February 20.

In This Pic : currency ban

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The limits on cash withdrawals from savings bank account will be withdrawn completely from March 13. As of now, there is no lim ..

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In a move to curb the black money menace, PM Narendra Modi had declared old currency notes of Rs 1000 and Rs 500 denomination as illegal tender.

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