Revision in Limits of withdrawal of Legal tender Character of existing Rs. 500/- and Rs. 1000/- Bank Notes
From: CPMG Orissa Circle
Sent: 14 November 2016 15:20
To: PMG Sambalpur Region; PMG Behrampur Region; Balasore DO; Bhadrak DO; Mayurbhanj DO; Cuttack South DO; Cuttack North DO; Puri DO; Cuttack City DO; Bhubaneswar DO; Bolangir DO; Dhenkanal DO; Sambalpur DO; Keonjhar DO; Sundargarh DO; Koraput DO; Kalahandi DO; Aska DO; Phulbani DO; Berhampur DO
Please follow the trail mail and act immediately,
From: Director (CBS)
Sent: 14 November 2016 14:22
To: All CPMG; CPMG Telangana Circle
Cc: Member (Banking & HRD)
Sent: 14 November 2016 14:22
To: All CPMG; CPMG Telangana Circle
Cc: Member (Banking & HRD)
Subject: Revision in Limits of withdrawal of Legal tender Character of existing Rs. 500/- and Rs. 1000/- Bank Notes
Respected Sir/Madam,
The brief of the changes (as per RBI Circular Dated 13.11.2016) is as follows:-
· The limit for exchange of Specified Bank Notes, over the counter has been increased from the existing Rs. 4000/- to Rs. 4500.
· The daily limit on withdrawal from ATMs has been increased from the existing Rs. 2000/- to Rs. 2500/- per day in the recalibrated ATMs, other ATMs will continue to dispense Rs. 50 and Rs. 100 bank notes until they are re-calibrated.
· The weekly limit of Rs. 20000/- for withdrawal from accounts has been increased to Rs. 24000 and the daily limit of Rs. 10000/- per day stands withdrawn.
This is for your kind information and further necessary action.
With regards,
Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan
Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan
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