Good news to everyone there is No cash withdrawal limits from today:
According to the announcement made by RBI deputy governor from today there is no cash withdrawal limits from atms.This is the second stage of with drawal limit,the first stage was implemented from february i.e..,after demonetisation the cash with drawal limit is 24000/- from feb 19 it raised upto 50,000 that is the first stage of implementation now the second implementation is going to start today.
These withdrawal limits were initiated after Narendra Modi announced the demonetization of Rs 500 and Rs 1,000 currency notes. The upper limit for ATM withdrawals was initially set at Rs 2,000 which was later increased to Rs 4,500. RBI had also raised the upper limit of weekly withdrawals from bank accounts to Rs 24,000 from Rs 20,000 in November itself last year. In January, the daily ATM withdrawal limit was increased to 10,000 rupees and the current account
withdrawal limit doubled to Rs 1 lakh by the RBI. For the common man it will still take some time for cash to be available at ATMs as it was before demonetization although on paper the limits on withdrawals has been taken off.