Good News! No ATM Withdrawal Limit From Tomorrow: Know More

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Gone were those days when we used to order most of the things online via the ‘Cash on Delivery’ option.

Why?

It’s because the Government of India has put restrictions on withdrawal limits by an ATM. Everyone now uses a card for most of the things, from ordering your favorite shoe online to drinking chai, everything is being done by either card payment or by using your smartphone.

However, here’s good news for you.

There won’t be any withdrawal limit from tomorrow (1st Feb). Previously the withdrawal limit was just 4000.

Thanks to Modi Sarkar, the withdrawal limits on current account, credit account, and overdraft accounts will be canceled.
But, We have a sad news as well.

The withdrawal limit on Savings account will stay as it is.

Tell us your views about this move in the comment section below.

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