I'm wondering about the amount of money that can be withdrawn. I need to know the limit or if there's any specific condition that applies to the withdrawal process.
5 answers
Elena
Thu Oct 17 2024
The ATM withdrawal limit per day is a crucial aspect of managing one's finances, dictating the maximum amount of cash that can be accessed from a bank account on a daily basis.
CryptoGuru
Thu Oct 17 2024
In India, this limit varies widely across different banks, with a majority of institutions setting their daily withdrawal limit within a range of Rs. 20,000 to Rs. 50,000.
CryptoWanderer
Wed Oct 16 2024
The rationale behind this limit is to ensure security and prevent fraud by limiting the amount of cash that can be withdrawn in a single day.
Claudio
Wed Oct 16 2024
While this limit may seem restrictive to some, it also encourages individuals to plan their cash withdrawals in advance and manage their finances more effectively.
SakuraWhisper
Wed Oct 16 2024
For those who require higher daily withdrawals, it may be necessary to consult with their bank to explore alternative options or to increase their withdrawal limit, subject to the bank's policies and procedures.