Withdraw Rs. 1 lakh from HDFC bank ATM !!!

That is really a great news..
Thanks Meean for keeping Boddunan members up to date.

Oh! This is good information Meean.... Thanks for sharing!!!!

:)

This is a good news. Now we can draw more money through ATM. No long queues in bank. Hope this facility is provided by other banks soon!!!

It's a good decision for the ATM users who find it difficult to meet the emergency requirements for hefty cash.

yes it is very useful sometimes and i think this is the highest amount till now as most of the banks allow 20000 only..Anyhow i dont have account in HDFC..thanks for sharing the information Meean

Withdrawing Rs. one lakh from ATM is good facility. But there is also risk of cheating by higher amount. There have been cases of withdrawal of cash by unauthorized persons by stealing Debit card or making its clone. But, there was restriction upto Rs. 30,000/- Now with increase in amount of withdrawal, risk is also more so that we need be more careful about safe custody of debit card and security of pass word.

@Gulshan you right, with the increase in withdrawal limits, we should be more careful with the security of the card and the password!

It is very good news.But risk factor is also increased.We have to be very careful regarding the safety of debit card as Gulshan has rightly pointed out.

Really a good news posted by Mean!!

But I think that there might be some problem in case of emergency situations where we need more than Rs 1Lakh.