Is cash withdrawal limit of Rs.20000 per week from bank, applicable even to current account also? How to meet the daily overheads in business.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 09 November 2016
Not specified about the type of account. Priority is given to public first. As soon as the liquidity increases, the limit will also be expanded.
This is first lesson to be learnt, for adopting cashless transactions.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)