One family member can withdraw up to ₹2.5 lakh for weddings
For the purpose of wedding ceremonies, one member of the family, be it father or mother, can withdraw up to ₹2.5 lakh from a KYC compliant account, Economic Affairs Secretary Shaktikanta Das announced on Thursday. The announcement comes after reports of several families facing cash crunch for weddings due to the withdrawal limit of ₹25,000 per week.