Prime minister narendra modi announced the ban of rs.500 & rs.1000 currency notes this evening.
Attribute:indiatoday
Rs.500 & Rs.1000 currency notes banned and made invalid from mid night of 8th nov 2016!!!!
Existing notes accepted majorily at Post office, Railway station, Hospitals, Bus stops for limited period.
Legal notes presently are Rs.10, Rs.20, Rs.50 & Rs.100.
Deposit the invalid notes in banks and post office with 50 days from today i.e by 30th december 2016.
New Currency notes of Rs.500 & Rs.2000 to be circulated shortly.
Taking the nation by sargical strike , Prime Minister Narendra Modi tonight announced Ban of Rs 1000 and Rs 500 notes with effect from midnight, making these notes ban as a major step on black money, fake currency and corruption.
In his address to the nation, PM said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.
In his address to the nation, PM said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.
Highlights:
- Rs 500 and Rs 1000 notes will be invalid from November 8 midnight
- From Midnight Nov 8, 2016 today, Rs 500 and Rs1000 notes are no longer legal tender
- You have 50 days (From 10 Nov to 30 Dec) to deposit notes of Rs 500 and Rs 1000 in any Bank or Post office
- On November 9 and in some places, on November 10, the ATMs will not work
- ATMS will limit money to Rs 2,000 a day initially
- On November 9, all banks will remain closed for public work
- There will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc
NEW CURRENCIES LAUNCHED SOON
Its is also noted that RBI governer and PM Narendra modi addressed about the new launch of rs.500 & rs.2000 notes in coming days.The pattern of the notes are completely different comparitively with the existing notes.
Attribute:indiatoday
No comments:
Post a Comment