PolicyMint
RBI sets new cash transfer limits for ATM and NEFT
Positive+22
GreyOak summary
The Reserve Bank of India issued the Domestic Money Transfer Directions, 2026, effective November 11. New rules cap cash transfers via ATM or Business Correspondents at ₹5,000 per transaction with a ₹25,000 monthly limit. Transfers to non-account holders via ATM are limited to ₹10,000 per transaction. NEFT transfers at bank branches remain capped at ₹50,000.
What it affects
- RBI regulationPositive +22
RBI issued new domestic money transfer rules.Rolling sentiment Positive +33