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Home News Time To Deposit Old INR 500 And INR 1000 Rupee Notes Ends

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Time To Deposit Old INR 500 And INR 1000 Rupee Notes Ends

Time To Deposit Old INR 500 And INR 1000 Rupee Notes Ends

Friday, December 30, 2016, 11:17 AM

Deadline to deposit scrapped INR 500 and 1000 notes in banks expires today, but the cash crunch and long queues in front of ATM’s, is expected to continue for some more time. Currency printing presses have failed to meet high demand for new rupee notes. However, people still have time to exchange old notes at RBI counters till 31st March, after giving valid reasons.
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