Rs.500 and Rs.1000 Notes are banned, Rs.500 Are Banned, Rs.1000 Are Banned From 12 PM 9th November 2016, How To Exchange 1000 500 Old Notes.
The Prime Minister of India Mr. Narendra Modi take a biggest decision against the Black Money and Corruption and announced Rs.1000 and Rs.500 notes are banned.
From midnight 12:00 PM at 9th November 2016 the Rs.500 and Rs.1000 currency is banned and the new Rs.500 and Rs.2000 notes will be available in India at place of Old Rs.1000 & 500 notes. Every one have to return their Rs.500 and Rs.1000 notes in the Bank before or on at 30th December 2016
The Bank and ATM closed at 9th November but from 18th November you can return exchange your Rs.1000 and Rs.500 note within 30th December 2016
India Government only banned Rs.1000 and Rs.500 notes only. Rs.10, Rs.50 and Rs.100 notes are legal.
Rs.1000 And Rs.500 Notes Are Banned From 9th Nov 2016 Exchange Your Note with new Rs.500 and Rs.2000 Notes. You can change your currency within 30th December 2016
Don’t worry if you are unable to exchange currency within 30th December. you can change currency at Reserve Bank Of India within 31st March 2017 with your Valid PAn Card and Identity.
Images Of New Rs.500 and Rs.1000 Notes
Important – Government Hospital, International Airport, Goverment Bus Tickets And Railway Stations Rs.500 and Rs.1000 Note will still excepted till 11th November 2016
How To Exchange Old Rs.500 And Rs.1000 Notes In Bank
1. First Go to your nearest Bank before 30th December 2016
2. Ask them to exchange form, they will give you a form below given.
3. Keep ready your KYC ID Proof, Adhaar Card, PAN Number or Voter ID Card
3. Fill the Old Note Exchange Form and enter exchange amount Rs.4000 only.
4. Submit your Old Note Rs.1000 and Rs.500 to bank authorities and show your Id proof
Click On Image To Download Money Exchange Form
Terms & Conditions Remember When You Exchange Your Money
- One person can be exchange Rs.4000 per day till 24th November
- ATM withdraw limit will be Rs.2000 per day till 24th November and after it you can redeem Rs.10,00 per day and Rs.20,000 per week.
- There is no any limit to deposit your money in form of Rs.1000 and Rs.500 Note
- You can pay any amount using internet banking, Demand Draft and Cheques
There are many way to exchange your Old Currency with New Currency in any bank.
What Is The Maximum Limit To Deposit Money In Bank Account
Those peoples who have their own bank account they can deposit Maximum Rs.50,000 per day in Bank account with valid KYC documents.
There are no limit to deposit the money as Rs.1000 and Rs.500 notes if your KYC is completed
What Is The Withdraw Limit In Bank And ATM
You can exchange your old Rs.500 and Rs.1000 with new currency as Rs.4000 per day till 24th November 2016. From 11th Nov to 24th Nov ATM withdraw limit is Rs.2000/day only. and from bank withdraw the limit is Rs.10,000 per day and Rs.20,000 per week only.
Tags – Rs.500 and Rs.1000 Notes are banned, Rs.500 Are Banned, Rs.1000 Are Banned From 12 PM 9th November 2016, How To Exchange 1000 500 Old Notes.