What is the maximum limit of cash withdrawal from bank?
Rs 20 lakhThe government has amended the laws on withdrawing cash exceeding Rs 20 lakh from his/her bank account in a financial year.
The law was amended via Union Budget 2020..
Can I withdraw money from any SBI branch?
A customer can withdraw up to ₹50,000 at non-home branches. If the cash withdrawal exceeds the free limit, SBI levies certain charges for that.
What is the maximum withdrawal limit from SBI bank?
Check here. Country’s largest lender State Bank of India (SBI) offers seven types of ATM-cum-debit cards to its customers. Depending upon the variant of the card, the daily cash withdrawal limit ranges from ₹20,000 to ₹1 lakh. With effect from 1st July, SBI has revised its ATM withdrawal rules.
Can we withdraw 50000 from bank?
However, RBI has given relief to such customers. Note that RBI has imposed a 30-day long moratorium on Yes Bank. During this period, withdrawal is capped at Rs 50,000 per depositor meaning a person will not be able to withdraw more than Rs 50,000 during this period.
How much cash can I withdraw from SBI bank?
An SBI account holder with average monthly balance above ₹25,000 and up to ₹50,000 will get 10 free cash withdrawals. Above ₹50,000 and up to ₹1,00,000 in their account will be allowed 15 free cash withdrawals at bank branches.