ATM Cash Withdrawal : Whenever you go to an ATM and withdraw money, you can only withdraw Rs 500, 200 or 100 notes. Whether the amount is small or large, you see these same notes in ATMs. At that time, you must have thought that there is a shortage of 10, 20 and 50 rupee notes, right? Why are these notes not available in ATMs? Have small notes disappeared from the market for a few days? Such discussions had also started. Answering all these discussions, the central government has taken a major decision regarding the 10, 20 and 50 rupee notes.
The central government informed about this in the Parliament and said that the citizens of the country will now be able to get small notes of 10, 20 and 50 rupees from ATMs. For this, Reserve Bank of India (RBI) has started a special pilot project called Small Value Dispenser. Minister of State for Finance Pankaj Choudhary gave clarity on this. ATM Cash Withdrawal
In response to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that according to the RBI, small denomination notes are traditionally dispensed through ATMs (ATM Cash Withdrawal) are not done. A pilot project for small value notes has been started by “Small Value Dispenser”. This means that under this project Rs 10, Rs 20 and Rs 50 notes will be dispensed through a special type of ATM.
According to the government, during the current financial year (till February 26), the central bank has issued 439.40 crores of Rs 10 notes, 193.70 crores of Rs 20 notes and 130.30 crores of Rs 50 notes. In the previous financial year (FY25), 180 crores of Rs 10 notes, 150 crores of Rs 20 notes and 300 crores of Rs 50 notes were issued. According to government data, the currency position is very strong.
The RBI constantly checks the demand for notes of various denominations and sends recommendations to the government for printing the required denominations. Chaudhary also said that there is no shortage of Rs 10, 20 and 50 notes at present. He also said that the RBI has informed that it is constantly striving to introduce sufficient quantity of notes and coins of various denominations to meet the demand of the economy.
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