Rs 500 and 1000 notes are banned in india??????? Read full details
Head administrator Narendra Modi on Tuesday reported that Rs 500 and Rs 1,000 rupee banknotes would be pulled back from course at midnight to get serious about uncontrolled defilement and fake coin.
This is what you have to know and do in the following few days:
Where would I be able to trade/store my Rs 500 and Rs 1000 notes?
From November 10 till December 30 you can store the old notes at your closest bank or mail station accounts with no utmost. Be that as it may, withdrawals from banks are topped at Rs 10,000 every day and Rs 20,000 every week. This farthest point will be expanded in the coming days.
You can likewise trade Rs 500 and Rs 1000 notes for lower division at banks, head post workplaces and sub-post workplaces. Be that as it may, as far as possible has been topped at Rs 4,000, and you can trade till November 24. One must deliver a substantial government personality cards like PAN, Aadhaar and Election Card.
Banks will stay shut on November 9 permitting them an opportunity to adapt to the new order.
There is no confinement of any sort on non-money installments by checks, DDs, charge or Mastercards and electronic store exchange.
What are the confinements on ATM withdrawals?
ATMs won't chip away at November 9 and in a few places on November 10. Be that as it may, from November 11, you can pull back cash and ATMs will quit administering the current Rs 500 and 1000 notes. For the initial few days, these withdrawals are being limited to Rs 2,000 for each card for every day, and will later be expanded to Rs 4,000 for each card for every day.
Where would I be able to still utilize my Rs 500, Rs 1000 notes?
Till November 11, the accompanying government-approved spots and foundations will keep on accepting Rs 500 and Rs 1000 notes for installment:
- doctor's facilities
- Railway, aircraft, transport ticket booking counters
- Petrol, diesel and service stations approved by open division oil organizations
- Consumer co-agent stores
- Milk corners
- Crematoriums and graveyard
Where would I be able to get the new coin notes?
RBI will issue new money notes of Rs 500 and 2000 from November 10 onwards.
These notes will have new outline.
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