I really appreciate the 10L payment limit on the debit card, but the 50k ATM limit sucks! Make it 10L as well? Or maybe even increase it to 5L initially. I’ll make Jupiter my primary account if you do.
I don’t know much about other banks, but for me, my SBI card’s ATM withdrawal limit is either 40,000 or 50,000 .
Never got the chance for it.
As far as I have seen 1L daily limit for cash withdrawal is the highest .
My indusind has 2L limit for cash withdrawal
My axis priority has 4L I guess
@Shawnpinto your views on this?
The limits are impose by the Partner bank (Federal Bank), I believe jupiter can’t do anything on this.
Also it’s better have a current account for such high value transaction.
No. It is completely possible for Jupiter if they want to, federal bank is a very cooperative partner and it doesn’t really care if limit is 1L or 10L…
If they made the 5 lakh the limit of the atm. Then the atm will have to filled in with money every hour. By the way, which bank have highest atm limit? And why do you need so much cash. Just pay digitally or rtgs offline.
They do have account with the 2 lakh. But I think more is possible with a very premium debit card whose annual is maybe like 5000.
A card with high limits shall be one’s primary bank account. You don’t know when the emergency comes.
Well I don’t even keep more than 1 lakh in the bank account. I keep money invested or in multiple accounts. Maybe one way to increase can be to take the atm facility from multiple if you are so paranoid that you might need more limit.