What are the current cash deposit and withdrawal rules?
The Reserve Bank of India has set the cash withdrawal limit from ATMs at ₹4,500 daily and ₹24,000 weekly. Old ₹500 and ₹1,000 notes are no longer legal tender and can be deposited or exchanged only at RBI offices till March 31, 2017. Post this period, a minimum ₹10,000 fine will be collected on possession of over 10 old notes.