On international airports, old currency notes of up to Rs 5,000 can be exchanged for the next 72 hours. Chemists, Archaeological Survey of India monuments counters, LPG distributors and railway caterers will also be accepting payments in Rs 500 and Rs 1,000 notes.
Can old Indian currency be exchanged now?
The Indians who still have the old Rs 500 and Rs 1000 notes can get them deposited in their bank account or the post office saving accounts or exchange them for new currency at the offices of the Central Bank. … The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.
Where can I exchange my old money?
All these notes can be exchanged at the counters of any public sector bank branch, any currency chest branch of a private sector bank or any Issue Office of the Reserve Bank of India. There is no need to fill any form for doing this.
Where can I exchange Indian currency?
Where can I exchange Indian rupees for US dollars? Some of the best places where one can exchange the currency are Currency Exchange International, Travelex Currency Services, Bank of America, Treasure Trove Currency Exchange, and AFEX.
What is the last date to exchange old notes?
All Rs 500 and Rs 1,000 notes to be deposited into banks or post offices from 10th November to 30th December 2016. After 30th December 2016, Rs 500 and Rs 1,000 notes will be accepted till 31st March 2017 in several RBI branches after taking declaration from RBI.
When did India change the currency?
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes.
What can I do with old currency?
Take them to the Post Office
If your bank won’t accept your old currency, it’s worth taking them to your local Post Office branch. The Post Office has an agreement with all high street banks that allows them to accept a person’s withdrawn banknotes and deposit the equivalent pound value into their usual bank account.
Can the bank replace damaged money?
Damaged money can easily be replaced at the bank. At first, you may be asking, do banks accept ripped money? Yes, they do. All you need to do is to confirm whether your money falls under the category of damaged or mutilated using the explanation that was given earlier in the article.