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Withdrawal limit increase to Rs 50,000 per week for’current accounts’: Installation of new micro cash machines

Withdrawal limit increase to Rs 50,000 per week for'current accounts'Installation of new micro cash machines

LIVE BHARATH : NEW DELHI: Central Government announced raise the cash withdrawal limit of at least three-month old current accounts to Rs 50,000 per week. It also said recalibrated cash machines would start dispensing new 2,000 rupee notes within 2-days.

Further, the government will be installing new micro cash machines across the country.It has asked banks to waive off transaction charges on debit and credit cards.

Economic Affairs Secretary Shaktikanta Das said the government would also raise the cash withdrawal limit of at least 3-month old current accounts to Rs 50,000 per week and said recalibrated cash machines would start dispensing new 2,000 rupee notes within two days.

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