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Tuesday, 8 November 2016

Rs 500 & Rs 1000 notes banned from tonight; they will cease to be legal tender from tonight;
Can only be deposited in banks accounts, head and sub-post offices;
You can exchange them in banks & post offices between Nov 9 and Dec 30, 2016;
ATMs will dispense only Rs 2000 a day, later to be increased to Rs 4000 per day;
Those who miss the Dec 30 deadline, can exchange old Rs 500 and Rs 1000 notes through RBI on the basis of declaration;
Till Nov 11 midnight, hospitals will accept Rs 500 & Rs 1000 notes and on basis of prescription can buy medicines from drug stores on hospital shops;
Govt buses ticket booking counter, airlines will accept them for booking tickets till Nov 11 midnight;
Petrol & CNG outlets, crematoriums, international airports will also have leeway to accept Rs 500 & Rs 1000 notes till Nov 11;
Non-cash transactions (cheques, demand draft, card payments) not to be affected;
ATMs to be closed on Nov 9 & 10;
All banks closed on Nov 9 for public transactions.
 Breaking news!!!👆

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