Published On: Sat, Nov 12th, 2016

Pensioners can withdraw more than Rs 10000: RBI

Bhubaneswar: The Reserve Bank of India (RBI) today said that the pensioners can withdraw more than Rs 10000 from their bank accounts while uncertainties prevail whether 34 lakh beneficiaries under different social security measures will get their due at appropriate time.

Bhubaneswar RBI General Manager S P Mohanty today said that the pensioners can withdraw more than Rs 10000 from their bank accounts.

Bhubaneswar RBI General Manager S P Mohanty today said that the pensioners can withdraw more than Rs 10000 from their bank accounts.

Claiming that the banks have enough currency notes to meet the customers’ demands, RBI, Bhubaneswar, General Manager S P Mohanty said that the banks are directed to allow the pensioners to withdraw more than Rs 10,000 cash on a single day.

“The apex bank has ensured availability of currency notes of Rs 2000, Rs 100 denomination in Maoist prone areas also,” Mohanty said assuring the people, including those living in rural areas.

“Efforts are on to provide mobile bank facilities in the areas where banking services are not available,” he said.

However, the distressed people covered under different social securiy schemes like old age pension, widow pension and disability person are apprehensive on the payment.

“As these people get only Rs 300 a month as pension, we are not sure where the state government can arrange Rs 100 denomination currency notes worth Rs 135 crore for payment this month,” said a senior official at the department of social security and empowerment of persons with disabilities.

Meanwhile, ATMs at many places including the state capital here did not churn out cashes compounding miseries of people while long queues were witnessed at bank branches for the third consecutive day across the state.

Tourists and foreign nationals also faced the burnt of the Centre’s demonetisation exercise.

The Department of Post, has decided to keep post offices in all states including Odisha open on Sunday.

PTI

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