Need recalibration (Software and Hardware changes) in all ATMs Availability of cash with Bank branches and Post Offices Ministry of Finance has reviewed and taken stock of the cash availability and issuance to members of public today. Reserve Bank of … [Read more...]
Last date for using OHD notes extended till 14.11.2016 – Finmin Orders
last date for using OHD notes extended till 14.11.2016 - Finmin Orders Press Information Bureau Government of India Ministry of Finance 11-November-2016 19:14 IST Government extends existing exemptions with regard to cancellation of the legal tender … [Read more...]
Change the 500, 1000 notes through representative – What is the procedure?
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 … [Read more...]
FAQ on Old High Denomination (OHD) Bank Notes
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Denomination (OHD) Bank Notes The legal tender character of the notes in denominations of Rs.500 and Rs.1000 stands withdrawn ATMs upto a maximum of Rs.2,000/- per card per day upto 18th November, 2016.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 … [Read more...]
FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes
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 … [Read more...]
RBI issues Rs.2000 notes in a new series
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) … [Read more...]
RBI issues Rs.500 notes in a new series
RBI issues Rs.500 notes in a new series Now your bank notes in a new design RBI issues Rs.500 notes in a new series The new Rs.500 notes are different form the present series in colour, size, theme, location of security features and design … [Read more...]
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI
Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI Government of India Ministry of Finance Department of Economic Affairs Press Release With a view to curbing financing of … [Read more...]
500 and 1000 Rupees notes Scrapped; ATM’s closed for two days
500 and 1000 Rupees notes Scrapped; ATM’s closed for two days Today Prime minister announces that Rs 1000 and 500 Notes will be invalid after midnight . These Rs.500 and 1000 notes will be accepted at hospitals, Petrol Bunk, booking Air Ticket and … [Read more...]
500 and 1000 Rupee Notes Will No Longer be Legal Tender from Midnight Tonight
Five hundred and one Thousand Rupee Notes will no longer be Legal Tender from Midnight Tonight Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight … [Read more...]