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What is the daily limit for cash withdrawals with a debit card?

Curious about debit card

What is the daily limit for cash withdrawals with a debit card?

The daily limit for cash withdrawals with a debit card can vary depending on your bank or financial institution, as well as the type of account and the specific terms and conditions associated with your debit card. These limits are typically set by the bank as a security measure to protect your account in case your card is lost or stolen.

Common daily withdrawal limits for debit cards often fall in the range of ₹20,000 to ₹50,000 for most standard accounts. However, some banks may offer higher limits for premium or special accounts.

It's important to note that your daily withdrawal limit applies to the total amount you can withdraw across all ATM transactions, including multiple withdrawals on the same day. For example, if your daily limit is ₹30,000, you can make several ATM withdrawals as long as the combined total does not exceed ₹30,000 in a single day.

If you need to withdraw a larger amount of cash than your daily limit allows, you may need to contact your bank in advance to request a temporary increase in your withdrawal limit.

Keep in mind that these limits are subject to change and can vary from one financial institution to another, so it's advisable to check with your bank to determine your specific daily withdrawal limit.

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