Do not worry much about whether can I withdraw 2 lakhs from bank or not. You can. In a recent press release, the tax department of India clearly stated that a person can withdraw any amount from the bank. However, some banks do set a limit but it is usually above 2 lakhs.
How to Withdraw 2 Lakh From Bank?
For 2 lakh withdrawal from bank, you better go for using a cheque. A withdrawal slip does not allow a customer to withdraw such a huge amount but some banks might. You better clarify it with the bank officials. The safest option is however to write a self-cheque and withdraw the amount.
Do note that ATMs do not allow withdrawals of Rs 2 lakh in a single day so under no circumstances you should consider this option.
Therefore it is the best option to visit the bank and ask the officials about it. Sometimes banks may also lack such a huge amount of money in cash and hence might fail to give you the funds. Hope this comment was helpful.
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Can I Withdraw 2 Lakhs from Bank?
Piyu
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2024-07-18T08:24:59+00:00 2024-07-18T08:24:59+00:00Comment
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