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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 authority letter and his / her valid identity proof while tendering the notes. Proof … Read more

Central Government permits Rs. 500 and Rs. 1000 currency notes on highway toll plazas till midnight of 11.11.2016

Government suspends payment of fees on all toll plazas on National Highways till midnight of 11.11.2016 (Updated 6.30PM) The government has decided to suspend payment of fees at toll plazas on all National Highways till the midnight of 11.11.2016. Instructions in this regard are being issued to all the concessionaries including BOT, OMT operators and … 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 terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for … 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 Train ticket upto 11th November In a big announcement on Tuesday evening, … Read more

500 and 1000 Rupee Notes Will No Longer be Legal Tender from Midnight Tonight

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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 tonight In a historical move that will add record strength in the fight against … Read more