Skip to main content

Rs 500 and Rs 1000 Indian Rupee notes Not Valid from Nov 9th

One of the Big Step Taken by Indian PM Narendra Modi to Curb the menace of Black Money by Declaring Both Rs 500 cand Rs 1000 Currency note invalid from Nov 9th. The Declaration Comes on the Night of (at 9 pm, IST , Nov 8th).

What will happen to Rs 500 and Rs 1000 Indian Currency Notes ?


RBI freezes Rs 500 and Rs 1000 Notes from Nov 9th 2016


From Nov 9th , 2016 onward the Rs 500, and Rs 1000 Currency notes will be treated as a piece of Paper. It will not have any Legal tender. The Only option is that These notes are only Accepted at the Financial Institutions like Banks and Post offices.

What To Do if You have Rs 500 or Rs 1000 Currency Notes ?

Well as per the Govt . Of India Notification , the Rs 500 and Rs 1000 notes will not be accepted from November 2016. All these denomination of Currency i.e Rs 500 and Rs 1000 notes will be traded as worthless piece of Paper only.

So If you have any or many of these currency notes i.e of Rs 500 and Rs 1000 denominations , You just have to deposit it to the Banks or Post Offices Starting From November 10th 2016 to December 30th )

The Banks and ATM's will be Closed on Nov 9th . The Online Transactions will be continue as usual. There might be 1 more day of shut down for the ATM's i.e on 10th.

For those Who are not able to deposit Rs 500 and Rs 1000 Currency Notes within the Time Frame of Nov 10th , 2016 to December 30th 2016, they can deposit at the designated branches of Reserve Bank of India (RBI) before till March 31st, 2017.

Comments

You May Like to Read

Popular posts from this blog

171 Bus Master Canteen To Puri Route

DTS 171 City bus from Master Canteen To Puri Route,  starts at 7 A.M. from  Master Canteen and Puri. The last city bus number 171 is at 7.30 P.M. in the evening from Puri. 
Bus Stoppages on 171 Route The 171 city bus route includes Kalpana Chhaka, Kedar Gauri Temple, Uttara, Pipili Nimapara chhaka, Danda Mukunda Pur, Sakhi gopala, Medical Chhaka and Puri.
Download 171 Bus route map

OTV NEWS FUSE Email Address Live

Write Email to Odisha TV OTV NEWS FUSE by sending to the following email address given below. The OTV Website Orissatv.in is available with Live News.

Email: otvnewsfuse@orissatv.in Email: prasan.subudhi@orissatv.in Mobile: 9237024904
Call On (Monday,Wednesday & Friday) – ( 3 PM to 5 PM)

City Bus 531 AIMS To Master Canteen Route

DTS 531 City bus from AIMS To Master Canteen Bhubaneswar Route, starts at 7 A.M. from AIMS and Master Canteen. The last city bus number 531 is at 8.30 P.M. from AIMS and Master Canteen in the evening. 
Bus Stopages on 531 Route The 531 city bus route includes Sijua, AIMS, Aiginia, Kolathia, Khandagiri, Baramunda, CRPF Square, Iscon Temple, Acharya Vihar, Rupali Square, Maharshi Collage, Ram Mandir and Master Canteen.
Download 531 Bus route map