I would like to know the maximum amount of cash that I can withdraw from my account in a single transaction or within a certain period of time. Is there a daily, weekly, or monthly limit on cash withdrawals?
6 answers
Lorenzo
Sat Dec 07 2024
The ATM withdrawal limit signifies the maximum cash amount one can withdraw from a savings or current account within a designated timeframe, which is usually per day.
Margherita
Sat Dec 07 2024
Different banks have varying withdrawal limits. These limits are set based on multiple factors, including the type of account held by the customer.
Margherita
Fri Dec 06 2024
Generally, the minimum ATM withdrawal limit is set at Rs. 20,000 per day. This figure serves as a benchmark for many financial institutions.
JejuJoy
Fri Dec 06 2024
However, some banks may offer higher withdrawal limits, catering to the needs of customers with premium or high-value accounts.
GinsengBoostPower
Fri Dec 06 2024
The withdrawal limit can also be influenced by the customer's banking history, credit rating, and the overall relationship with the bank.