PMC Bank account holders get a relation to withdrawing money, from 1,000 rupees to 10,000 rupees

PMC Bank A/C holder can now withdraw Rs 10,000 from there accounts, Says RBI

Himachal Pradesh: Reserve Bank of India (RBI) has announced the good news to PMC Bank account holders that now they can withdraw Rs 10,000 from there  respective saving, current or any others accounts after listening to the demands of depositors of Punjab and Maharashtra Cooperative (PMC) Bank and earlier restricted by RBI for 1,000 rupees limit only, but now relaxation is given to the public to solve their problems.

Also, read this RBI Order PMC Bank to Not allow their Customers to withdraw more than Rs 1,000 from their accounts

And according to RBI with this initiative, more than 60 percent of depositors of PMC bank will able to withdraw their entire bank balance, and problems faced by Bank and Bank customer will be solved and there will be no hardship to depositor and interest of Bank customer will also we protect.

RBI has put a restriction for 6 months on Punjab Maharashtra Cooperative (PMC) bank and not allow the bank to grant a loan and renew any loan and also not to invest any investment for next six months.

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