Wedding expenses a maximum of Rs. 2,50,000/- may be withdrawn in cash from the bank accounts

No: 2724 Dated: Nov, 18 2016

1. In the said notification, in paragraph 2, after clause (ix), the following clauses shall be inserted, namely:—

“(x) the limits for cash withdrawal by farmers from their loan and other accounts shall be such, as may be specified by the Reserve Bank of India;

(xi) for wedding expenses a maximum of Rs. 2,50,000/- may be withdrawn in cash from the bank accounts, subject to such conditions as may be specified by the Reserve Bank of India.”.