500& 1000 rupee-sedlar ogiltiga imorron

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Hanif
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En del strul här och var fortfarande efter 50 dagar. Efter 30 December blir allt som vanligt? Alla ATM restriktioner hävs eller redan hävda?

Dec 29
MUMBAI: Fifty days after demonetisation, queues at ATMs across the city are considerably shorter but Rs 100 notes continue to be in short supply. Since most ATMs often give out just Rs 2,000 notes, Mumbaikars have been using cards and digital payment options as far as possible.

Around 4pm on Wednesday, of the three ATMs at Axis Bank's Marine Lines branch, one was not operational and the other two were dispensing Rs 2,000 notes. There was just one person at the ATM kiosk. A staffer said there is no fixed time in the day when Rs 100 notes are loaded into the machines.

Likewise, most South Mumbai ATMs were seen dispensing Rs 2,000 notes on Wednesday, though one ATM each of HDFC Bank and Kotak Mahindra Bank opposite Sterling Cinema gave out Rs 100 notes. ATMs of HDFC Bank's Fort branch and Citibank's on P D'Mello Road, on the other hand, had no cash. Cardholders were seen queuing up at all ATMs—IndusInd, Canara and State Bank of India—inside the CST station premises for Rs 2,000 notes.

Elsewhere in Mumbai Metropolitan Region, too, the situation was little different. In Kalyan and Ulhasnagar, for instance, most ATMs had only Rs 2,000 notes. In Navi Mumbai, ATMs continued to fall short of cash and citizens were compelled to make repeated visits to withdraw cash. Nerul's Johnson Thomas said, "Most ATMs run dry hours after they are refilled. If we need money, we have to visit banks."

To avoid visits to ATMs, several people are using digital ways to transact. "Looking at the lines at the ATMs, I haven't actually gone to an ATM since November 8. I went to the bank and withdrew cash for basic expenses but I am trying to use the e-wallet at most places," said M Sailee, a resident of Thane.

The queues are therefore shorter. "Queues increase only when money is loaded into ATMs, but even then there are only seven to eight people, not as it was earlier," said Chinmany Ambardekar, a resident of Thane. "I am glad the queues are not long. But the banks don't give change of Rs 2,000 notes when money is withdrawn. It becomes difficult to get it from vendors," said Ashish Deshmukh.

http://timesofindia.indiatimes.com/city/mumbai/Queues-at-ATMs-shorter-bu...

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December 21
What is current ATM withdrawal limit in India today. This is now most asked question by all after demonetisation on 8th November 2016. Now after lot of struggles standing in queue for hours and getting little cash withdrawal per day everyone is felling tired. So a good news is coming up soon as a new decision was announced by Indian Minister of State for Finance Santosh Gangwar on 21st December 2016. As per new decision by Indian Government it was decided to remove all withdrawal limits from ATM’s after 30 December 2016. Narendra Modi led BJP Government”s decision to withdraw higher value notes of Rs.1000, Rs.500 was criticized by media due to problems to common man.

So what is ATM withdrawal limit till Friday, 30th December 2016. It will eb limited to just Rs.2500 per day. A New year comes we can expect that all ATM withdrawal limit problems will be removed from Monday 2nd January 2017. As 31st is a bank holiday and 1st December is Sunday there will be limited cash availability and staff to deposit cash in ATM machines. Even if withdrawal limit is removed problems regarding cash availability will end only after year end holidays. That’s why we can expect that cash availability in ATM and withdrawal limits issues will be solved from 2-1-2017.

So now after a long gap from 8th November 2016 to 30 December 2016, India is expected to come back to normal living. Let us hope that Rs.100, Rs.500 notes are available in ATM machines. Till now most ATM’s have only Rs.2000 note in it. For those people who need lesser denominations in cash are not able to withdraw because less availability of these denominations. And for people who have lee balance than Rs.2000 cannot withdraw. So from 2017 if low denomination notes are available in huge quantity most problems in ATM will be solved. After 30th December 2016 there will be No per day or per week ATM withdrawal limits.

After news about changes in withdrawal limits in ATM’s came out every one was asking whether bank withdrawal limit will also be removed. If ATM withdrawal limit for cash is removed there will be definitely changes to amount of cash that can be withdrawn through bank branches.

More details regarding such changes will be announced by Indian Finance Ministry, Reserve Bank of India based on prevailing situations.

After 30 December 2016 there will be No cash withdrawal limit from ATM’s. It does not mean that unlimited cash can be withdrawn. Withdrawal limit for ATM cards will be like that in past before demonetization rule.

http://www.indianjobs4u.com/atm-withdrawal-limit

 

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tommypeters
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Då pengarna i automaterna tar slut relativt snabbt i nuläget lär det inte bli bättre när begränsningarna tas bort...

Hanif
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Finns en risk att det inte blir mycket bättre den närmaste tiden. Även när gränserna tas bort.  Kanske folk käner viss lugn, efter ett tag och inte hetsar till ATM och maskinerna då kanske inte töms lika snabbt.

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Höjning med tvåtusing.

Dec 30
NEW DELHI: The RBI has decided to increase the cash withdrawal limit from ATMs to Rs 4,500 per day from the present Rs 2,500 with effect from January 1. However, there is no change in the weekly withdrawal limits, which stays at Rs 24,000.

"On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly limits specified) with effect from January 01, 2017, from the existing Rs 2500/- to Rs 4500/- per day per card. There is no change in weekly withdrawal limits. Such disbursals should predominantly be in the denomination of Rs 500," said RBI in a statement.

Earlier today, Finance Minister Arun Jaitley had said that RBI has enough currency and situation of cash supply has improved significantly. Friday was the last day of the 50-day window to deposit demonetised notes in banks.

Long queues were seen at bank branches and ATMs.

People still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositing defunct notes in their accounts by December 30.
http://timesofindia.indiatimes.com/india/cash-withdrawal-limit-from-atms...

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Hanif
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Jag får inte 24,000  per vecka funka med om man tex tar ut 2500 eller 4500 per dag?

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Hanif skrev:

Jag får inte 24,000  per vecka funka med om man tex tar ut 2500 eller 4500 per dag?

Du kan ju ange i bankomaten exakt hur mycket (i jämna hundralappar) du vill ta ut vid varje uttag. Alltså kan du ta ut 4500*5 = 22 500 och sedan dra 1500 på sista uttaget för veckan.

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Nästa resa: Delhi-Mathura-Rishikesh-Haridwar-Delhi. November 2019.

Hanif
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Ja det funkar med 4500 på fem dagar och 1500 på sjätte.

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Om varför restriktioner inte hävts och finns fortfarande en chans när det finns tillräckligt med riksdaler ute.

December 31
http://indianexpress.com/article/business/economy/rbi-increases-cash-wit...

RBI issued a statement on Friday citing that from January 1 2017, the daily withdrawal limit of ATMs would be increased from the current Rs 2, 500 rupees to Rs 4, 500. The bank also said that there would be no change in weekly withdrawal limits.

The statement read: On a review of the position, the daily limit of withdrawal from ATMs has been increased (within the overall weekly limits specified) with effect from January 01, 2017, from the existing ₹ 2500/- to ₹ 4500/- per day per card. There is no change in weekly withdrawal limits.Such disbursals should predominantly be in the denomination of ₹ 500.

Earlier this week, banks had reportedly asked the government to extend the curbs on cash withdrawals beyond December 30 until an adequate quantity of new currency is injected, according to bankers and officials in the Finance Ministry. Bankers reportedly told the Finance Ministry that lifting the curbs immediately after this week could disrupt branch operations as a large number of people could turn up to withdraw cash.

“These restrictions should go only when there is a sufficient amount of bank notes in the system. Until and unless that happens, they (the government) cannot take away the restrictions. The moment they do this, everybody will want to go and draw out a lot. That will become a problem,” a senior executive of the State Bank of India said to The Indian Express.

“The relaxations have to be commensurate with the currency availability in banks. It will only be logical for the government to not relax the restrictions as of now since there is not enough cash. If the limits are relaxed, people will ask for more cash and there is limited cash. This will only turn banks into villains,” a private banker had said.

Friday was the last day to deposit the invalid currency notes in banks. However, people still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositing defunct notes in their accounts by December 30.
 

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Hanif
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Ändrat avresedatum till januari,  pallar inte vänta till augusti. Då blir det också lite mer än en månad istället för 3 veckor

Hur är det nu med ATM? Tänker främst på i Mumbai. Får man ut 4500? Eller oftast 4000? Långa köer?

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Hanif
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Dubbla, trippla betalningar med kort har man läst många skräckhistorier om och händer till och från och nåt man kanske får se upp för. Är det inte säljare som trixar och har sig så är det banker. Trillade nyligen in på:

credit card charged twice (nån från Delhi)
http://www.flyertalk.com/forum/hilton-hilton-hhonors/1236039-credit-card...

Jag har aldrig kännt mig bekväm med kortbetalningar ens i sverige. Ännu värre på resor i utlandet. Nästan så att man tvingas logga in på internetbank varje gång för kolla saldo och transaktioner pga paranoia. Begränsning på 4500/4000 per dag är fortfarande för lite för min del. För hotell, resturanger, taxi, vatten, cigg, bira, hembränt osv och hoppas på minst ett par höjningar till. Sticker tillbaka till indien nästa vecka och några höjningar under resan kommer nog inte hända. Åtminstone 8-10 laxar per dag helst vore bra. Inte för att man altid behöver bränna 10 laxar på en och samma dag utan mer för slippa kort och besöka ATM var och varannan dag.

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Överraskning

RBI raises ATM withdrawal limit to Rs 10,000 per day from current Rs 4,500
http://economictimes.indiatimes.com/news/economy/policy/rbi-raises-atm-w...

Jan 16, 2017
MUMBAI: With the improvement in cash situation, the Reserve Bank today more than doubled the daily ATM withdrawal limit to Rs 10,000 but retained the weekly ceiling at Rs 24,000 which bankers feel will be gradually relaxed. RBI also doubled the weekly withdrawal limit from current accounts to Rs 1 lakh from Rs 50,000 - a move which will ease cash position of traders.

"On a review of limits placed on withdrawals from ATMs and current accounts, it has been decided to enhance the same, with immediate effect...," the central bank said in a notification. RBI had earlier increased the daily withdrawal limit from ATMs to Rs 4,500 from Rs 2,500 effective January 1, just a day after 50-day demonetisation period ended. According to Bank of Maharashtra Executive Director R K Gupta, the relaxation by RBI is a clear indication that cash situation is easing.

About 75 per cent of ATMs of the bank are functioning round the clock, he said, adding, all banks are pushing more than 40 per cent of their cash into rural and semi-urban area to ensure adequate cash availability. Cash position is getting better day by day and rush at ATMs has come down significantly, said another senior official of a public sector bank. However, the limit is something that RBI takes a call and complete removal of the limit would be done after due diligence and feedback from all the banks, the official added.

"ATM cash supply situation is near normal. About Rs 8,000 crore on daily basis is being fed across the country. We are gearing up for higher loading frequency and meet the requirement," said Rituraj Sinha, the president Cash Logistics Association.

"The limit on withdrawals from ATMs has been enhanced from the current limit of Rs 4,500 to Rs 10,000 per day per card," RBI said, adding that it will be operative within the existing overall weekly limit.

The limit on withdrawal from current accounts has been enhanced from the current limit of Rs 50,000 per week to Rs 1 lakh per week and it extends to overdraft and cash credit accounts also, RBI said. RBI had placed limits on cash withdrawals following demonetisation of old Rs 500 and Rs 1,000 notes on November 9, 2016. The demonetisation ended on December 30. However, NRIs and Indians who were abroad during the demonetisation period have been given additional time to deposit their old currency notes.

 

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Rapport från periferin : jag flög in till Delhi , f.v.b. till Ladakh för cirka tio dar sen. Växlade in fem plus fyra tusen rupees på två olika kontor - dom var noga med max femtusen per växling. Bankomaten gav ut fyratusen per gång. Några dagar senare va det tiotusen per uttag igen - same procedure as every year , och inga kommentarer om max uttag per vecka.

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Hanif
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Höjning från 24 000 till 50 000

Från RBI
It has been decided to remove the restrictions on cash withdrawals from Saving Bank accounts in a two step process as under:

Effective February 20, 2017, the limits on cash withdrawals from the Savings Bank accounts will be enhanced to ₹ 50,000 per week (from the current limit of ₹ 24,000 per week); and

Effective March 13, 2017, there will be no limits on cash withdrawals from Savings Bank accounts.
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Från andra källor:
In the first phase, the withdrawal limit will be raised to Rs 50,000 from Rs 24,000 a week, effective February 20. The limits on cash withdrawals from savings bank account will be withdrawn completely from March 13. As of now, there is no limit on current account and there is a cap of Rs 50,000 for farmers a week and Rs 2.5 lakh for marriage. http://economictimes.indiatimes.com/news/economy/policy/cash-withdrawal-...

New Delhi:  Starting February 20, you can withdraw upto Rs 50,000 per week from your savings account, the Reserve Bank of India said today, adding that from March 13, all caps on access to cash will end. http://www.ndtv.com/india-news/can-withdraw-rs-50-000-a-week-from-feb-20...

In a major relief to people across the country, the Reserve Bank of India announced on Wednesday that the weekly withdrawal limit from savings account will be raised to Rs 50,000 from February 20, while adding there will be no limit from March 13 onward.
http://indianexpress.com/article/business/economy/reserve-bank-of-india-...

 

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Updated: Apr 12, 2017
Supreme Court ruling on note exchange window in July

NEW DELHI: If you are still left with scrapped Rs 1,000 and Rs 500 notes, having failed to deposit them in banks by the December 30 deadline, you could hold on to them till July-end.

The Supreme Court said on Tuesday it would decide in July whether the government should be asked to open a window for those who could not deposit the scrapped notes in time due to genuine reasons or because of PM Narendra Modi's promise in his November 8 speech for a window beyond December 30.

http://economictimes.indiatimes.com/news/politics-and-nation/supreme-cou...

 

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Gissar att en release för nya ₹1000 ungefär samma tidpunkt som gamla 500 och 1000 blev ogiltiga. En tidpunkt att undvika för många 2000 lappar i plånboken? Eller kanske lika bra att ha så få som möligt hela året ut. Vet ej om 2000 samtidigt eller någon gång senare blir ogiltiga. Flesta ATM i indien har 4 kassetter eller CMD (cash media dispenser) som kan hålla olika sedlar så rent tekniskt inga hinder för köra 100, 500, 1000 och samtidigt 2000. Vissa mindre ATM har bara 2 eller 3 kassetter. Gissar runt november för release av nya 1000 eller en månad före eller efter.

February 21, 2017
Rs 1,000 note to be back in new avatar, but not clear when
The RBI and the government have firmed up plans to launch a new series of Rs 1,000 notes shortly to replace the earlier note of similar denomination that was withdrawn from circulation following the November 8 demonetisation announcement, a senior government official has told The Indian Express. The RBI, the official said, has already started production of the new Rs 1,000 note. According to the official, the initial plan was to introduce the new Rs 1,000 note in January but “it has been delayed due to the pressing need to supply Rs 500 notes”.

It is not clear when the new note of Rs 1,000 will be officially introduced into the market. To replace old notes of Rs 500 and Rs 1,000 during demonetisation, the RBI had issued new notes of Rs 500 and Rs 2,000 which carried new designs, better security features and the picture of Mangalyaan on the back of the notes. The new notes are being issued to replace Rs 15.44 lakh crore worth of demonetised currency notes.

As on January 27, notes in circulation, comprising all denominations including Rs 2,000 and Rs 500, were Rs 9.92 lakh crore, RBI Deputy Governor R Gandhi said on February 8. The central bank has not shared information of the total value of Rs 500 and Rs 2,000 notes that have been issued.

February 20 onward, the limit on cash withdrawals from savings bank accounts are being raised to Rs 50,000 per week from the earlier limit of
Rs 24,000 per week. Effective March 13, all limits on cash withdrawal from savings bank accounts will be removed.

Transactions in Rs 2,000 notes are expected to become easier with the introduction of Rs 1,000 denomination notes. While a bulk of the currency that was demonetised has been deposited into banks, the RBI is yet to provide the exact data. The RBI has given Indians who were abroad between November 9 and December 30, a three-month grace period until March 31 to deposit the old notes. For NRIs, this deposit window is open until June 30.

On February 11, when he was asked when would the RBI release data on the old notes of Rs 500 and Rs 1,000 deposited in banks, RBI Governor Urjit Patel said that the central bank will provide a number which is verifiable and not merely an estimate.

“Given that the window is open until March 31 and then at a lower level until June 30, we need to be careful and try as hard as possible that this is a number that is not a mere estimate but a verifiable number, both physically and in accounting stance,” Patel said. An email sent to the RBI and finance ministry for comments on the re-introduction of Rs 1,000 notes did not elicit any response.

http://indianexpress.com/article/business/economy/demonetisation-money-b...

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