How to Exchange Old 500 Rs and 1000 Rs Notes in Different banks

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How to Exchange Old 500 Rs and 1000 Rs Notes in Different banks

How to Exchange Old 500, 1000 Rupees with New Note SBI, PNB, OBC, All Banks Process, Limit Money 1 Day.

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Hello everyone, we are here to inform our all the readers about the new achievement of RBI. The latest news updated by RBI is that now they have made a new currency note for the country. The new note will be for the value of 2000 i.e. It will be a Rs. 2000 note. RBI also mentioned that they are made out all the necessary preparation to launch this note in the country. The new Rs. 2000 note will be introduced in the country by next year i.e. 2017. As per the recent information the note will be officially introduced in the month of February 2017. The note will be circulated in the country under the full supervision of government of India and Prime Minister of India, Mr. Narendra Modi.

How to Exchange Old 500, 1000 Rupees with New Note

The notes has already been printed in currency printing press in Mysore, India. The mentioned printing press is a unit of SPMCIL. This word is fully completed as the Security Printing and Minting Corporation of India Limited. This organization is fully owned by the government of India and is formed with a purpose for the production of bank notes, coins, postage stamps, non – judicial stamps, and some other government related documents of India. This organization was set up in the year 2006 and by now it contains 9 units, 4 mints and one paper mill. The Currency Note Press (CNP) is mainly located in two places in India i.e. Nashik, Maharashtra and Mysore, Karnataka. Over 40 % of Indian Currency Notes are printed in both these CNP ’s. Whereas the coins of Indian Currency are mostly minted in the mints of Mumbai, Kolkata, Noida and Hyderabad.

How to Exchange Old 500 Rs and 1000 Rs Notes in State Bank Of India (SBI)

How to Exchange Old 500 Rs and 1000 Rs Notes in Bank of India (BOI)

How to Exchange Old 500 Rs and 1000 Rs Notes in Bank of Baroda (BOB)

How to Exchange Old 500 Rs and 1000 Rs Notes in HDFC Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in ICICI Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Axis Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Central Bank of India

How to Exchange Old 500 Rs and 1000 Rs Notes in IDBI Bank

How to Exchange Old 500 Rs and 1000 Rs Notes With Punjab National Bank (PNB)

How to Exchange Old 500 Rs and 1000 Rs Notes With RLB bank

How to Exchange Old 500 Rs and 1000 Rs Notes in DCB Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in SBH Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Local Cooperative Banks

How to Exchange Old 500 Rs and 1000 Rs Notes with Canera Bank

How to Exchange Old 500 Rs and 1000 Rs Notes With Dena Bank

How to Exchange Old 500 Rs and 1000 Rs Notes With Yes Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in City Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Corporation Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Tamilnad Bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Vijyalaxmi bank

How to Exchange Old 500 Rs and 1000 Rs Notes in Ratnakar bank

Process Exchange Old Note 500, 1000 with New Note (Same For All Banks)

  1. You have to Visit the Bank Near to you Like SBI, OBC, PNB, HDFC, ICICI, Canera Bank, State bank of Patiala, Bank of Baroda, Axis Bank,  Andhra Bank, Kangra Bank, Cooperative Bank, Indian Overseas Bank, Karur Vasaya Bank, Central Bank, Reserve Bank of India and all other bank located in India.
  2. Then You have second Options that if live in village and you have a Post office then you go there and Exchange Money your Old 500 and 1000 Rupees with New One.
  3. You no need to pay any extra Changer for Exchange.
  4. When you enter Into the bank you just ask in the bank about the Money exchange counter.
  5. Then you just need to Ask for money exchange and Now till 25th of November you just exchange only 4000 rupees per days.
  6. For this You need to take carry with your Aadhar Card or Voter card, or pan card, or Ration Card, or any other authorized Identity prof for exchange counter.

As per the records 85% of Indian currency is in the form of Rs. 500 and Rs. 1000, now will the introduction of this new Rs. 2000 note this margin will be reduced. This is a great launch by the RBI, this will reduce the burden of printing more notes of Rs. 500 and Rs. 1000. Now it can be reduced by printing a note for Rs. 2000 at once. Reserve Bank of India (RBI) is fully responsible for the monetary policies of Indian rupee. So this new move made by the RBI also seems to be very beneficial for the country.

Exchange 500, 1000 Rupees Note Limit in One Day

For Exchange Currency of 500, and 1000 rupees you have some limits decided by the Narendra Modi our Prime Minister.

For Bank Exchange – Now form Direct Bank Exchange you only eligible for 4000 Rupees in a One days.

Form 10th November to 24th of November – Only Exchange 4000 Rupees.

After 25th of November – extended for 4000 to 6000 or 7000.

ATM Closed – 9th and 10th November.

After 30th December –  You can exchange Notes only in RBI Office with One Forms fill process.

For ATM – By ATM you can only Take only 2000 Rupees in one day. (This limit will be extend)

Time for Exchange Money – 10th November 2016 to 31st of December 2016 (Extended till 31st of March 2016)

Note Eligible till 11th November Only In – Hospitals, Medical shops, Bus Tickets, Railways Booking, Airline Booking.

For Travel to Other country or Tourists – You can exchange only 5000 Rupees in One day.

Official Website – www.rbi.org.in

Government Of India – india.gov.in

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