Rupess 500 and Rupees 1000 Note Ban | Everything you need to know
Today Prime Minister Narendra Modi and his Government takes a strong step to scrap 500 and 1000 Rupess notes from the market. It was really a sudden decision, affecting 130 crores* Indian.1. Existing 500 rupees and 1000 rupees will be no longer valid from November 8 Midnight
2. On November 9 and in some places, on November 10, the ATM will not work
3. ATMs will limit money to rupees 2,000 a day initially
4. On November 9 all banks will be remained closed for public dealings
5. There will be no change in any form of currency exchange be it cheque, DD, payment via debit card or credit card
6. People can deposit Notes of 1000 and 500 in the bank from November 10, 2016 to December 30, 2016
7. You can also deposit money to either Bank or Post Offices
8. New Notes of Rs. 500 and Rs. 2000 will be circulated soon
New Rupees 500 Note Image Pictures HD 2017
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| New Rs. 500 Note front side to be released in 2017 |
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| New Rs. 500 Rupees back side be released in 2017 |
New Rupees 2000 Note Image Pictures HD 2017
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| New Rs. 2000 Note front side to be released in 2017 |
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| New Rs. 2000 Rupees back side be released in 2017 |
Why Government or Reserve Bank of India is scraping Rs. 500 and Rs. 1000 Notes from the Market
From last two years lots of black money is flowing to the market from enemy countries. In order to control this government is forced to do such a sudden step. Modi also stated in the speech that India is number 1 in growth still on Number 70 in corruption.Sign up here with your email