1) How much can I withdraw from ATMs?
Cash withdrawal from ATMs has been restricted to Rs 2,000 per day per card up to November 18, 2016, and the limit shall be raised to Rs 4,000 per day per card from November 19, 2016. According to the RBI, ATMs shall remain closed on Wednesday and Thursday, with operations resuming in the days after.
2) How much can I withdraw against a cheque?
Cash withdrawal using a slip or cheque will be subject to a ceiling of Rs 10,000 in a day, subject to an overall limit of Rs 20,000 in a week (including withdrawals from ATMs), from the date of the notification up to November 24, 2016, after which these limits shall be reviewed.