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		<title>Weekly limit for Withdrawal of cash Rs 24000 continue : RBI</title>
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		<dc:creator><![CDATA[CA Satbir Singh]]></dc:creator>
		<pubDate>Fri, 25 Nov 2016 20:56:02 +0000</pubDate>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[Weekly limit]]></category>
		<category><![CDATA[Withdrawal of cash]]></category>
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					<description><![CDATA[<p>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 Cooperative Banks Dear Sir, Withdrawal of cash – Weekly limit Please refer to… <span class="read-more"><a href="https://www.taxheal.com/weekly-limit-for-withdrawal-of-cash-rs-24000-continue-rbi.html">Read More &#187;</a></span></p>
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										<content:encoded><![CDATA[<p style="text-align: center;"><b>Withdrawal of cash – Weekly limit</b></p>
<p>RBI/2016-17/158<br />
DCM (Plg) No.1424/10.27.00/2016-16</p>
<p align="right">November 25, 2016</p>
<p>The Chairman / Managing Director/ Chief Executive Officer,<br />
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural<br />
Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks</p>
<p>Dear Sir,</p>
<p class="head">Withdrawal of cash – Weekly limit</p>
<p>Please refer to our <a class="links" href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10706&amp;Mode=0" target="_blank">circulars DCM (Plg) Nos. 1272/10.27.00/2016-17</a> and <a class="links" href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10707&amp;Mode=0" target="_blank">1273/10.27.00/2016-17</a> dated November 13 and November 14, 2016, respectively. The banks are, hereby, advised that they may continue to allow their existing customers to withdraw cash from their accounts upto ₹ 24,000/- per week, till further instructions. The said limit include withdrawals from ATMs as stipulated in our <a class="links" href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=10721&amp;Mode=0" target="_blank">circular DCM (Plg) No.1304/10.27.00/2016-17 dated November 20, 2016</a>.</p>
<p>2. Please acknowledge receipt.</p>
<p>Yours faithfully,</p>
<p>(Suman Ray)<br />
General Manager</p>
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