In a temporary relief to customers of Punjab and Maharashtra Cooperative Bank (PMC), those in need of money for health reasons can now withdraw an additional Rs 50,000 apart from the existing withdrawal limit.
Earlier, the Reserve Bank of India (RBI) had enhanced the withdrawal limit to Rs 40,000 per account.
To withdraw the additional amount, the needy person will have to apply to the nearest branch.
"PMC bank account holders can now withdraw Rs 50,000 (in addition to Rs 40,000) for medical and education urgency. The needy people can apply to their branch," said Bharatiya Janata Party (BJP) leader Kirit Somaiya.
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/PMCBank?src=hash&amp;ref_src=twsrc%5Etfw">#PMCBank</a> now u00e2u0082u00b950,000 withdrawal (in addition to u00e2u0082u00b940,000) allowed for medical/education urgency. needy person has to apply to their branch u00e0u00a4u00aau00e0u00a5u0080 u00e0u00a4u008fu00e0u00a4u00aeu00e0u00a5u008d u00e0u00a4u00b8u00e0u00a5u0080 u00e0u00a4u00acu00e0u00a5u0088u00e0u00a4u0082u00e0u00a4u0095 u00e0u00a4u0096u00e0u00a4u00beu00e0u00a4u00a4u00e0u00a5u0087u00e0u00a4u00a6u00e0u00a4u00beu00e0u00a4u00b0 u00e0u00a4u0086u00e0u00a4u00a4u00e0u00a4u00be u00e0u00a4u00aeu00e0u00a5u0087u00e0u00a4u00a1u00e0u00a4u00bfu00e0u00a4u0095u00e0u00a4u00b2/u00e0u00a4u00b6u00e0u00a4u00bfu00e0u00a4u0095u00e0u00a5u008du00e0u00a4u00b7u00e0u00a4u00a3 u00e0u00a4u0087u00e0u00a4u00aeu00e0u00a4u00b0u00e0u00a4u009cu00e0u00a5u0087u00e0u00a4u0082u00e0u00a4u00b8u00e0u00a5u0080 u00e0u00a4u00b8u00e0u00a4u00beu00e0u00a4u00a0u00e0u00a5u0080 u00e0u00a4u0085u00e0u00a4u00a7u00e0u00a4u00bfu00e0u00a4u0095 u00e2u0082u00b9u00e0u00a5u00abu00e0u00a5u00a6,u00e0u00a5u00a6u00e0u00a5u00a6u00e0u00a5u00a6 u00e0u00a4u00a4u00e0u00a5u008du00e0u00a4u00afu00e0u00a4u00beu00e0u00a4u0082u00e0u00a4u009au00e0u00a4u00be u00e0u00a4u0096u00e0u00a4u00beu00e0u00a4u00a4u00e0u00a5u008du00e0u00a4u00afu00e0u00a4u00beu00e0u00a4u00a4u00e0u00a5u008du00e0u00a4u00a4u00e0u00a5u0081u00e0u00a4u00a8 u00e0u00a4u0095u00e0u00a4u00beu00e0u00a4u00a2u00e0u00a5u0082 u00e0u00a4u00b6u00e0u00a4u0095u00e0u00a4u00a3u00e0u00a4u00beu00e0u00a4u00b0 <a href="https://twitter.com/BJP4Maharashtra?ref_src=twsrc%5Etfw">@BJP4Maharashtra</a>
&mdash; Kirit Somaiya (@KiritSomaiya) <a href="https://twitter.com/KiritSomaiya/status/1186836894513893376?ref_src=twsrc%5Etfw">October 23, 2019</a></blockquote>
<script charset="utf-8" type="text/javascript" src="https://platform.twitter.com/widgets.js"></script>
Meanwhile ANI reported that PMC account holders alleged the bank is not cooperating with them and said they cannot celebrate Diwali. "The PMC Bank is not cooperating with us. Guru Purab is around. We had planned so many things for that occasion but now we would not be able to celebrate our festival with the same amount of happiness," said an account holder of the PMC Bank.
"On this Diwali, PMC bank holders won't even celebrate the festival with joy and happiness. People had saved money for weddings and festivals. Their money has now been blocked by the bank completely," he added.&emsp;
On Tuesday, they also staged a protest at Azad Maidan and raised slogans and held placards which read 'Black Diwali, Save Us' and 'Innocents are losing life'.
The Enforcement Directorate (ED) has seized and identified movable and immovable assets worth more than Rs 3,830 crore owned by Housing Development and Infrastructure Limited (HDIL) in connection with the case.
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Earlier, the Reserve Bank of India (RBI) had enhanced the withdrawal limit to Rs 40,000 per account.

PMC Bank fraud: Account holders can withdraw Rs 50,000 more for health

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PMC Bank fraud: Account holders can withdraw Rs 50,000 more for health

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