Old 500 And 1000 Rupees Banned
Change 500 and 1000 Notes

How To Change Old 500 & 1000 Rupee Notes In Bank And Post Office

November 8, 2016

Your end of search is here, how to change 500 and 1000 rupee notesĀ In Bank And Post Office? Down below we have listened the details about it.

Yeah i know you right now you have a lot of question about your old 500 and 1000 Rupee Notes.

500 & 1000 Rupees Will Be Replaced

500 & 1000 Rupees Will Be Replaced

How to Change 500 and 1000 Rupee Notes And What’s The Reason Behind

How To Change 500 & 1000 Rupee Notes In Bank And Post Office

How To Change 500 & 1000 Rupee Notes In Bank And Post Office

In a big announcement on Tuesday, Prime Minister Narendra Modi said that from midnight tonight, Rs 1000 and Rs 500 will not be legal tender.

“You have 50 days (From 10 November to 30 December) to deposit notes of Rs 500 and Rs 1000 in any bank or post office,” he said.

“Currency notes of Rs 1000 and Rs 500 will be just paper with no value. These notes should be exchanged in banks and post offices within December 30, 2016,” PM reiterated.

“There will be respite for people for the initial 72 hours, government hospitals will accept old Rs 500 and 1000 notes till 11 November midnight. On November 9 and in some places November 10, ATMs will not work. There will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc,” he said.

“On November 9, all banks will remain closed for public work,” he further said, adding, “Notes of Rs 2000 and Rs 500 will be circulated soon, RBI has decided to limit the notes with higher value.”

At the same time, he also talked about the work done by his government.

“This government is dedicated to the poor, and will continue to do so. With the help of the citizens of India, India has emerged as a bright spot in world economy,” he said.

He added, “India has registered itself as a bright spot, and its not that this is a claim made by us, but by IMF and World Bank.”

Outlining the work done by his government he said, “In all our policies, we are dedicated for the upliftment of entire society. Government has been working on the principles of Sabka Saath, Sabka Vikas.”

Speaking on terrorism he said, “Our enemies from across the border run their business with counterfeit notes and it has been going on for years.”

“Black money and corruption has taken roots in the country, these are the biggest obstacles in eradicating poverty, We have taken many steps to curb black money,” he said.

“There is a time when you realise that you have bring some changes in society, and this is our time to feel the same,” the PM said.

“Over the last 2 and a half years, 1.25 lakh crore worth of black money has been recovered,” he pointed out.

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  • How to Change 500 and 1000 Rupee Notes
  • Change Your 500 and 1000 Rupee Notes

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