What should you do now?
He announced that Rs 500 and 1000 notes will be no more valid from yesterdays midnight.
It was indeed a major assault on black money, fake currency and corruption.
The declaration has created the huge impact on citizens.
You might be thinking what about the existing notes of Rs 500 and 1000.
So, now you have only 50 Days left to exchange your existing notes with a new one.
Heres what you have to do if you want to exchange old Rs.
500 and Rs.1000 currency notes.
What to Do With Existing Notes?
you might deposit your old Rs.
500 & Rs.1000 currency notes in any bank or Post office.
4000 till 24th November.
That means you’re able to only get up to Rs.
4000 per person in cash irrespective of the size of tender.
If you have no bank account?
you could use your friend/relative bank account with a permission in writing to exchange your notes.
After 18th November you’re able to withdraw Rs.4000/- per day.
There is no restriction on internet banking, mobile wallets, IMPS, credit/debit cards etc.
You are not in India right now, what you should do?
What if you want Cash in emergency needs?
If you need emergency cash in hospitalisation.
Where can you still use your old notes?
Its indeed a bold step taken towards black money!
So, now is the time to see the big change.
