Points to be noted:
- All existing notes of 500/1000 notes has been banned from 08/11/2016(midnight) & can not be used for purchasing goods or services.
- However old notes can be deposited in without any limit Bank /post office from 10.11.2016 to 30.12.2016(for 50 days).
- Tomorrow(09/11/2016) all banks and shall remain closed.
- Few ATMs shall remain closed for 09/11/2016 & 10/11/2016 days.
- However old notes can be used at petrol pumps / Govt hospitals/Railway station for tickets /Govt /PSU buses and Govt rashan depot/Milk booths up to 11.11.2016.
- Notes of 500/1000 up to the value of 5000/- can be changed at airport.
- After few days new currency of Rs 500 and Rs 2000 will be issued.
- No person can withdraw more than Rs 2000 per day up to 18.11.2016 and 4000/day wef 19.11.2016
- Maximum limit 10000/ per week till 24.11.2016 and 20000 there after.
- You may exchange old note up to 4000/- per day from any bank /post office after providing specified identity proof.The limit will be increased later.
- If you are unable to change the notes from bank by 30.12.2016 then you have second option deposit in bank by 31.03.2017 along with documentary proof.
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