From today cap on Cash withdrawal from banks removed

Mar 13, 2017: All restrictions on cash withdrawal from savings bank account have been removed from today as Reserve Bank of India had announced about it last month. Earlier, it had removed cash withdrawal limits from ATMs from 1st February.

The Central Bank had put curbs on cash withdrawals and set a withdrawal limit from the ATMs and from bank accounts after the announcement the decision to demonetize old 500, 1,000 rupees currency notes on 8th November last year. (AIR News)