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Withdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes –Limit for Withdrawal of Cash

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..... Withdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes –Limit for Withdrawal of Cash
News and Press Release
Dated:- 11-11-2016

RBI/2016-17/124 DCM (Plg) No.1256/10 .....

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..... .27.00/2016-17 November 11, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Bank .....

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..... s/ State Cooperative Banks Dear Sir Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes -Limit for Withdrawal of Cash Please refer to our circular DCM (Plg .....

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..... ) No.1251/10.27.00/2016-17 November 10, 2016 on the captioned subject and see the following additional instructions in this regard: 2. Governments Departments may be allowed to draw cash beyond the s .....

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..... tipulated limit of ₹ 10,000/-, in exceptional cases, only on production of evidence justifying their cash requirements in writing, at the discretion of an officer in the rank of General Manager .....

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..... and above. Yours faithfully (P Vijaya Kumar) Chief General Manager
News - Press release - PIB .....

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