<h1>RBI Sets Withdrawal Limits for PMJDY Accounts to Curb Money Laundering; Differentiates KYC Compliance Levels.</h1> The Reserve Bank of India issued guidelines for accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) to safeguard farmers and rural account holders from money laundering and legal issues related to Benami Property Transaction laws. After November 9, 2016, accounts funded through Specified Bank Notes (SBNs) face withdrawal limits. Fully KYC-compliant account holders can withdraw up to Rs. 10,000 monthly, with potential for more upon verification. Non-KYC-compliant holders can withdraw Rs. 5,000 monthly, within a Rs. 10,000 ceiling. These measures aim to prevent misuse while ensuring genuine access to funds.