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500 & 1000 Rs Note has been Banned In India By PM Modi Breaking News

500 & 1000 Rs Note has been Banned In India By PM Modi Breaking News

500 & 1000 Rs Note has been Banned In India By PM Modi Breaking News – hello everyone recently mid knight on 8th November 2016 a news hunt has speedily spared by Our Prime Minister of India “Narendera Modi” that 500 & 1000 Rs Note has been Banned now for the region of Bank notes would be withdrawn in the circulation at midnight to discontinuity on unruly corruption forged currency. According to Modi, People hold 500 and 1000 Notes can deposit without any limitation in nearest bank and post official accounts from 10th November 2016 to 30 December 2016. 

500 & 1000 Rs Note has been Banned In India By PM Modi Breaking News

   500 & 1000 Rs Note has been Banned In India By PM Modi Breaking News

The “Narendera Modi” Said that People who hold 500 and 1000 Notes they can deposit oldest notes Banks and People also Exchange 500 & 1000 Notes for lower denomination Banks, Sub post offices, Sub offices, Hence the limits has capped Rs 4000 and after then People can exchange till 24th Nov 2016.

Modi said Rs.500 and Rs.1000 Notes will not be lawful money from tonight and its will be just Crummy piece of paper. You can use regularly only Rs 100. 50. 20 and coin 10, 5, 2 & 1 which will be continue valid. and he will be announced Rs 2000 and 500 Notes to proceed.

Uses of Rs.500 & Rs.1000 Notes Till 11th November 2016

  • Railway 
  • Hospitals
  • Air Ticket, Bus Ticket Counter
  • Milk Booth 
  • Petrol / Diesel / Gas Stattions

How to get new Currency Notes of Rs.500 & 2000 ?

The Reserve Bank of India (RBI) will issue new currency of 500 & 2000 from 10th Nov 2016 (Tentative) in New Design. People will get new notes after RBI Announcing.

Special instruction for all ATM’s Withdraws about Ban Information

All the People who uses ATM for informing you that ATM will not work on 9 Nov and may be 10 Nov 2016. Then after date 11th Nov ATM will be continuously working with 100 Notes and ATM Will Stop distribute the existing Rs.500 and 1000 Notes. During this period users will withdraw 2000 per card per day and it will be augmentation Rs. 4000 a card per days.

 

 

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