Change the 500, 1000 notes through representative – What is the procedure? In case you are not possible for you to visit the bank you may send your representative with an express mandate i.e. a written authorisation. The representative should produce authority letter and his / her valid identity proof while tendering the notes. Proof … Read more
FAQ on Old High Denomination (OHD) Bank Notes The legal tender character of the notes in denominations of Rs.500 and Rs.1000 stands withdrawn ATMs upto a maximum of Rs.2,000/- per card per day upto 18th November, 2016. The limit will be raised to Rs.4000/- per day per card from 19th November 2016 onwards. You can … Read more
Central Government permits Rs. 500 and Rs. 1000 currency notes on highway toll plazas till midnight of 11.11.2016 Press Information Bureau Government of India Ministry of Road Transport & Highways 09-November-2016 14:21 IST Government permits Rs. 500 and Rs. 1000 currency notes on highway toll plazas till midnight of 11.11.2016 The government has permitted fee … Read more
FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes FREQUENTLY ASKED QUESTIONS Frequently Asked Questions (FAQs) on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes 1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the … Read more
RBI issues Rs.2000 notes in a new series Now your bank notes in a new design RBI issues Rs.2000 notes in a new series The Reserve Bank of India is introducing new design banknotes in the denomination of Rs.2000 as part of Mahatma Gandhi (New) Series. The new denomination has motif of the Mangalayan on … Read more