Prime Minister of India announced Yesterday 08th November 2016 Rs 500, Rs 1000 Notes has been withdrawn from India itself, Fight against Black Money and Terrorism.
Prime Minister Narendra Modi Speech address to the Nation with Rs 500, Rs 1000 Notes will be Banned from yesterday, 09th November 2016 Today Rs 100, Rs 50, Rs 10, Rs 5, Rs 1 Notes & Coins will be accepted.
Rs 1000 Notes & Rs 500 Notes can be use in the following Place on 09-11-2016, 10th November 2016 in Government Hospital, Government Milk Shop, Medical Stores,
Petrol Bunks, Railway Ticket Booking Counters, Ticket Counter of Government Buses, Airline Ticket Counters at Airport Notes will be accepted.
Consumer Co-Operative Stores Authorized by Central Government and State Government, Crematoria and Burial Grounds, International Airport also some procedure.
Airport Arriving & Departing Passengers who is having Rs 500 Notes and Rs 1000 Notes can exchange up to Rs 5000 Rupees, Foreign Tourist also exchange up to Rs 5000.
Non-Cash Payment of Credit Card, Debit Card, Cheque, Demand Draft and Online Transaction, National Electronic Funds Transfer (NEFT), Online Transaction, Mobile Transaction will not create any problem for them.
what to do with old notes Rs 1000 & Rs 500, Surrender the Currency to Bank and they will exchange and give you the New Notes, Totally 50 Days time limit also given, But Valid ID Proof Should be shown like Aadhar Card, Voter ID like that.
People who is having Rs 500, Rs 1000 Cash in their hand can deposit in Bank from 10th November 2016 to 30th December 2016, Bank one person can exchange Rs 4000 only this is the limit.
Bank will be not working for 09th Nov 2016, From 10th Nov 2016, 10-11-2016 you can exchange your currency notes through any Bank.