Cash Withdrawals
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New ATM Rules From April 1: What Bank Customers Need To Know
Indian banks including HDFC Bank and Punjab National Bank will implement revised ATM rules from April 1, impacting withdrawal limits, transaction charges and UPI-based cash access.
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Surat Man Wanted To Withdraw Rs 10,000. ATM Glitch Gave Him Rs 3 Lakh
What started as a simple attempt to withdraw Rs 10,000 from an ATM in Gujarat's Surat has turned into one of the costliest cashdispensing errors for a bank in recent times.
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Man Gets Electric Shock While Withdrawing Money From ATM, Injures Hand
A man received an electric shock while withdrawing money from an Automated Teller Machine (ATM) in Tamil Nadu's Kancheepuram on Sunday, triggering panic.
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''Game Changer'': Video Shows Man Withdrawing Cash From An ATM Using UPI
A video has surfaced on social media showing a man demonstrating how to withdraw cash from an ATM using UPI.
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"Told Money In Bank Safe. What Safety?": Angry PMC Depositors On RBI Move
PMC bank customers left stressed after the RBI imposed withdrawal limits have lodged a complaint at a Mumbai police station, pointing out they have been cut off from their hard-earned money for no fault of theirs
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Post Notes Ban, Cash Withdrawal Seeing Rapid Declining Trend: Report
Cash withdrawal has been falling rapidly, post demonetisation, as borne out by the fact that it is down to Rs 32,500 crore in the week to March 24 from a peak of Rs 52,800 crore for the week ended January 13, says a report.
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RBI Raises Weekly Cash Withdrawal Limit To Rs 50,000 From Feb 20, Limits End Mid-March
Starting February 20, you can withdraw upto Rs 50,000 per week from your savings account, the Reserve Bank of India said today, adding that from March 13, there will be no limits on cash withdrawals.
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RBI Lifts Limits On Withdrawals From ATMs, Current Accounts
The Reserve Bank of India today removed limits on cash withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. The restrictions on ATM withdrawals will go from Wednesday, February 1. But restrictions on savings bank accounts will continue for now - meaning a savings account holder can withdraw Rs 24,000...
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Assembly Elections 2017: More Cash For Candidates? Election Commission Irked By RBI's Response
The Election Commission's written request to the Reserve Bank of India to allow more cash withdrawal for election candidates in the five states has been turned down. The central bank said the special provision was not possible at the moment, piquing the poll authority to give a curt response.
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50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
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Cash Withdrawal Restrictions May Continue Beyond December 30, Say Bankers
Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes.
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Cap On Cash Withdrawal: High Court Dismisses Plea To Recall Order
Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.
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Manipur Banks Vandalized Over Cash Crunch
Angry customers vandalised two State Bank of India branches in Manipur on Monday after the bank refused to allow people to withdraw Rs 24,000 each from their accounts citing cash shortage.
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In Peak Wedding Season, Families Allowed Higher Cash Withdrawal Of Rs 2.5 Lakh In One Go
The government announced new measures today to allow farmers and marrying couples to withdraw more money from banks, as scrapping of high-value notes have impacted weddings and the agri sector.
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ICICI Bank's Cardless Cash Withdrawal Lets You Transfer Money to Any Mobile Number
A secure six-digit code gets sent to the mobile number of the beneficiary, who can withdraw the amount from select ICICI bank ATMs.
-
New ATM Rules From April 1: What Bank Customers Need To Know
Indian banks including HDFC Bank and Punjab National Bank will implement revised ATM rules from April 1, impacting withdrawal limits, transaction charges and UPI-based cash access.
-
Surat Man Wanted To Withdraw Rs 10,000. ATM Glitch Gave Him Rs 3 Lakh
What started as a simple attempt to withdraw Rs 10,000 from an ATM in Gujarat's Surat has turned into one of the costliest cashdispensing errors for a bank in recent times.
-
Man Gets Electric Shock While Withdrawing Money From ATM, Injures Hand
A man received an electric shock while withdrawing money from an Automated Teller Machine (ATM) in Tamil Nadu's Kancheepuram on Sunday, triggering panic.
-
''Game Changer'': Video Shows Man Withdrawing Cash From An ATM Using UPI
A video has surfaced on social media showing a man demonstrating how to withdraw cash from an ATM using UPI.
-
"Told Money In Bank Safe. What Safety?": Angry PMC Depositors On RBI Move
PMC bank customers left stressed after the RBI imposed withdrawal limits have lodged a complaint at a Mumbai police station, pointing out they have been cut off from their hard-earned money for no fault of theirs
-
Post Notes Ban, Cash Withdrawal Seeing Rapid Declining Trend: Report
Cash withdrawal has been falling rapidly, post demonetisation, as borne out by the fact that it is down to Rs 32,500 crore in the week to March 24 from a peak of Rs 52,800 crore for the week ended January 13, says a report.
-
RBI Raises Weekly Cash Withdrawal Limit To Rs 50,000 From Feb 20, Limits End Mid-March
Starting February 20, you can withdraw upto Rs 50,000 per week from your savings account, the Reserve Bank of India said today, adding that from March 13, there will be no limits on cash withdrawals.
-
RBI Lifts Limits On Withdrawals From ATMs, Current Accounts
The Reserve Bank of India today removed limits on cash withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. The restrictions on ATM withdrawals will go from Wednesday, February 1. But restrictions on savings bank accounts will continue for now - meaning a savings account holder can withdraw Rs 24,000...
-
Assembly Elections 2017: More Cash For Candidates? Election Commission Irked By RBI's Response
The Election Commission's written request to the Reserve Bank of India to allow more cash withdrawal for election candidates in the five states has been turned down. The central bank said the special provision was not possible at the moment, piquing the poll authority to give a curt response.
-
50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
-
Cash Withdrawal Restrictions May Continue Beyond December 30, Say Bankers
Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes.
-
Cap On Cash Withdrawal: High Court Dismisses Plea To Recall Order
Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.
-
Manipur Banks Vandalized Over Cash Crunch
Angry customers vandalised two State Bank of India branches in Manipur on Monday after the bank refused to allow people to withdraw Rs 24,000 each from their accounts citing cash shortage.
-
In Peak Wedding Season, Families Allowed Higher Cash Withdrawal Of Rs 2.5 Lakh In One Go
The government announced new measures today to allow farmers and marrying couples to withdraw more money from banks, as scrapping of high-value notes have impacted weddings and the agri sector.
-
ICICI Bank's Cardless Cash Withdrawal Lets You Transfer Money to Any Mobile Number
A secure six-digit code gets sent to the mobile number of the beneficiary, who can withdraw the amount from select ICICI bank ATMs.
