Withdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes – Exchange over the counters

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..... Withdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes – Exchange over the counters
News and Press Release
Dated:- 18-11-2016

RBI/2016-17/139 DCM (Plg) No.1302/10. .....

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..... 27.00/2016-17 November 17, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / Urb .....

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..... an Co-operative Banks / State Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes - Exchange over the counters Please refer to .....

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..... our Circular No. DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 on the captioned subject. 2. On a review it has been decided that the limit of exchange of SBNs in cash, across the counter .....

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..... of the banks shall be ₹ 2000 with effect from November 18, 2016. This facility will be available only once per person. 3. Please acknowledge receipt. Yours faithfully, (P Vijaya Kumar) Chie .....

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..... f General Manager
News - Press release - PIB .....

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