The Reserve Bank of India (RBI) asked banks to extend the facility of withdrawal of cash through debit cards at more merchant establishments.

RBI’s instructions
1. For Tier I and II centres - cash withdrawal to Rs. 1000/- per day, and, 
2. For Tier III to VI centres - Rs. 2,000/- per day. 
3. Customer charges if any, in such cash withdrawals to not more than 1% of the transaction amount.
4. Banks need to submit data of cash withdrawals at PoS devices within 15 days of the end of the every quarter.  



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