Withdrawal limits for corporate O/D & CC

RBI has vide its notification dated 21st November, 2016 allowed corporate overdraft and cash credit account holders to withdraw upto Rs.50,000/- a week by cash, most of which will be given by Rs.2000/- notes. The O/D or C/C limits should have been operational for minimum 3 months as on the date of this notification.

This is not applicable to individual overdraft facilities.



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