As per RBI, what will be the maximum limit of cash withdrawal per transaction via Pos machine?

• A. Rs 1000
• B. Rs 2000
• C. Rs 3000
• D. Rs 4000

Answer: (B)

The RBI has increased the limit of cash withdrawal from Points of Sale terminals using debit cards and open system prepaid cards to Rs 2000 per transaction within an overall monthly limit of Rs. 10,000 across all locations.