ATM cash withdrawal limit for selected cards will be 1.5 lakhs, now the limit is 50,000. PNB ATM cash withdrawal limit for selected cards will be 1.5 lakh | NewsBust ATM cash withdrawal limit for selected cards will be 1.5 lakhs, now the limit is 50,000. PNB ATM cash withdrawal limit for selected cards will be 1.5 lakh | NewsBust

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ATM cash withdrawal limit for selected cards will be 1.5 lakhs, now the limit is 50,000. PNB ATM cash withdrawal limit for selected cards will be 1.5 lakh

By Amit - November 20, 2022

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Mumbai18 minutes ago

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Punjab National Bank (PNB) is going to increase the parde limit of withdrawal from its debit card. However, this limit will be only for high-end cards. PNB has notified its customers regarding this. The bank has also proposed to increase the daily Point of Sales (POS) limit.

1 lakh limit for these cards
As per the announcement, the daily ATM cash withdrawal limit will be increased from Rs 50,000 to Rs 1 lakh for Visa Gold Debit Card as well as Platinum MasterCard and Rupay cards. At the same time, the daily limit of POS transaction will be increased from 1.25 lakh to 3 lakh.

1.5 lakh limit for these cards
While the daily ATM cash withdrawal limit for Rupay Select and Visa Signature Debit cards will be increased from the existing Rs 50,000 to Rs 1.5 lakh. The daily limit for POS transactions for these cards will be raised from Rs 1.25 lakh to Rs 5 lakh.

There are two variants under the Platinum Debit Card. Rupay and Master

Cash Withdrawal Limit Parde

50000 Rs.

Cash withdrawal limit one time

20000 Rs.

ECOM/POS Consolidated Limit

125000 Rs.

There are two variants under Classic Debit Card. Rupay and Master

Cash Withdrawal Limit Parde

25000

Cash withdrawal limit one time 20,000
ECOM/POS Consolidated Limit

60000

Visa is the only variant under the Gold Debit Card.

Cash Withdrawal Limit Parde

50,000 Rs.

Cash withdrawal limit one time 20,000 Rs.
ECOM/POS Consolidated Limit

1,25,000 Rs.

set customize limit
This will be the maximum parday transaction limit of the Debit Card. PNB said in a statement, ‘Customers are advised to set their customized limit through Internet Banking, Mobile Banking App, PNB ATM, IVR or by visiting the base branch.’

Set Limit with PNB One App

  • After downloading the application, on the home page, select the Debit Card icon and click on ‘Update ATM Limit’.
  • Select Account Number from the dropdown menu. Now in Debit Card Authentication, the Debit Card Number has to be selected from the dropdown menu.
  • Now expiry date, year and PIN have to be filled. On clicking on continue you will see the current limit on the screen.
  • Set new ATM withdrawal limit and click on continue. OTP has to be entered to confirm the request.
  • Bank will update the request in real time. The customer cannot set a limit higher than the sanctioned limit of the bank.

There is more news…

Amit

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