ONE THOUSAND FIVE HUNDRED NOTICE BANNED

one. Keep calm: you have fifty days time to exchange / deposit your aged notes in financial institutions / put up business office and decrease denomination notes and coins will continue being authorized tender. two. Emergency requirements have been taken treatment of. · Some leeway has been offered by the government for use of these notes for health care emergencies and many others. For 1st seventy two hrs from Nov eight midnight i.e. until eleven Nov midnight federal government hospitals will acknowledge these old notes, pharmacies in govt hospitals will settle for these notes with Doctor’s prescription. · Outdated one thousand five hundred notice banned will be acknowledged for railway ticket booking and air travel scheduling for the first 72 several hours. · Furthermore, For seventy two hours old notes will be accepted at petrol , diesel and CNG stations authorised by public sector organizations, milk booths, crematoriums, and federal government co-operative retailers. · International airports will make arrangements for arriving passengers to trade up to Rs 5000 well worth of aged notes for the new legal tender. · No restriction on digital fund payments or transfers like credit score and debit cards 3. Collect all the currency stored in a variety of areas: (i) Wallets (ii) In the property –drawers/safes. (iii) From your lockers in 1000 five hundred note banned if any are retained there. Amassing from bank would be possible right after banking institutions open for general public dealing as banks will be shut for community working on November 9, 2016. four. Different and get out the Rs five hundred and Rs one thousand notes from these. Depend and create down the complete. Preferably make bundles of fifty, one hundred and a handful of bundles totalling to the volume that is allowed to be exchanged in the first times. 5. Put together for extended queues at banks and publish places of work from Nov ten onwards. From November 10 to 24 old notes upto Rs 4000 in benefit can be exchanged. After a thousand 500 note banned will be raised. You require to take your ID cards alongside. 6. Aged notes can be deposited in banking companies or publish places of work from Nov ten to a thousand 500 be aware banned till near of banking hrs. 7. Withdrawal of new notes will be constrained to Rs 10,000 for each day and Rs twenty,000 per week initially so use your credit/debit card to store. 8. If you really don't control to deposit all your aged notes by Dec 30 you even now have a window. You can exchange outdated notes at specified offices of the RBI after publishing a declaration form and demonstrating a thousand 500 be aware banned up to 31.3.2017. nine. Keep a record of the serial numbers of the notes submitted /exchanged at banks as the RBI has announced that the accepting financial institution/post workplaces will maintain track of these. Fairly evidently the earnings tax office will be having a seem at who is submitting how significantly so trade only the quantity you are prepared to clarify to the tax department. Read A lot more :Rs five hundred | Rs a thousand | Narendra Modi | Currency | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to flow into new five hundred, 2000 currency notesMore From Private Finance NewsRs five hundred, Rs one thousand notes are no longer lawful tender: What you want to know and doRs 500, Rs 1000 notes are no longer authorized tender: What you need to know and doPFRDA asks Pension Advisory Committee to review relaxing 40 personal computer annuity ruleSpeedy implementation of UP RERA demanded by Noida residence buyersFreehold property problem to be taken up by Noida's RWA federationFor property tax recovery, Pune Municipal Company forms a specific team'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBCNo environmental clearance for Bangalore Development Authority's mega housing projectBank of Baroda cuts MCLR charge by ten bps across tenorsInterest rates on home financial loans slashed by big lendersPSU banking institutions lent virtually double of personal banks in Q1 of 2016Get a QuoteBrowse