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Nov 14, 2016

How To Change 500 & 1000 Rupee Notes In Banks/Post Office – Check Process


How To Change 500 & 1000 Rupee Notes

On Tuesday afternoon, Prime Minister Narendra Modi in continuation of his motive has resolve the issue of black money, overcame a strong measure. Old notes Rs 500 and RS 1000 notes will be evacuated to the economy of India. A new breakthrough in Indian currency notes by introducing new Rs 500 and Rs 2000 Rationing Notes from November 11. The government ordered both the Department and the IT banks to keep a record of all monetary cash transactions Rs 2 lakh and above.


How to Exchange Old 500 and 1000 Rupees and Get New Currency
This request for change and deposit of Rs. 500 and Rs. 1000 notes do not have to meet without delay. You can change your old Rs. 500 and 1000 notes before December 30. You are free to exchange Rs. 500 Rs 1000 Notes before the deadline of December 30 by submitting a valid proof of money in question.

If you do not have a bank account, you can contact your father, friend with an account to deposit money into your account. However, the permission given by the account holder must be in writing with a valid identity document.

You can also withdraw the new currency from any nearest ATM on November 11. The withdrawal of the ATM is limited to a maximum of Rs. 2500 per day until November 18, so after the week Rs. 4500. There are no restrictions or stop ATM withdrawal limits.


Rs.500 and Rs.1000 Notes Exchange
The bank will continue to operate throughout the day to withdraw cash. Banks will remain open to the public on Saturday and Sunday (November 12 and November 13). With the conventional method of check or withdrawal receipt, the restriction is Rs.10000 and Rs.20000 per day per week for the following week.

The new currency of any ATM around your home and from November 11 withdrawal limit The ATM is 2500 Rs. By day can also be withdrawn for the next seven days, will increase the limit of Rs 4500. after one week. Currently, all of India for the exchange of small age Rs 500 and RS 1000 denominations. Some places such as medical stores, public hospitals, train counters and airports can accept the old notes from 8 November at midnight for six days i.e. 1 November 2016.


Non Residential Indians Can Exchange Old Notes
Non-Indian residents may use their old 500 rupees and 1,000 bills in India and may deposit them into their bank accounts or their post offices by December 30, 2016. The Indian Reserve Bank website (RBI ) Said non-residential Indians may deposit their entries into non-resident savings account (NRO)




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