How to Exchange 500 & 1000 Rupees Notes in Bank & Post Office, Document & Proof Required

By | November 11, 2016

How to Exchange 500 & 1000 Rupees Notes in Bank & Post Office, Document & Proof Required, Easy Steps to Exchange 500, 1000 Rupee Notes, 1000, 500 Notes Exchange Procedure

How to Exchange 500 & 1000 Rupees Notes in Bank & Post Office

On Nov 9, 2016 Honorable Prime Minister of India Shri Narendra Singh Modi Ji declared that the 500 & 1000 Rupee Notes are banned. This incident took place at 8 O’clock, the announcement states that Old 500 & 1000 Repee Notes will not work anymore. People called its surgical strike against black money & fake money. This day was the historical days for the Indian currency as on that day 500 and 1000 notes are banned by the Reserve Bank of India and decide to launch new currency at same amount. The New currency will available on 10 Nov 2016 at all Banks offices. People need not to worry about Old Notes as they will have to exchange their money or Old 500 & 1000 Rupee Notes at Post Office and Banks. They need several steps to change their money. Here we will provide all process to how can I Exchange MY Money in little time or Procedure to Exchange 500 & 100 Rupee Notes in Banks & Post Offices.

Where I Exchange My 500 & 1000 Rupee Notes

All the citizens of the country are requested need not to worry as they can Exchange 500 & 1000 Rupee Notes at Banks & Post Offices till 31st December 2016. After 9th November 2016 Old 500 & 1000 Rupee Notes  are called as paper. If you need to exchanges their note first of all go at bank ant carry any one ID proof like PAN Card, Aadhar Card and Voter ID Card any one of them. Fill the form to exchange application form at any bank and mention your bank account no in application form and amount of money with number of notes. Then ask the Bank employees to Exchange your 500 & 1000 Rupees Old Notes. If you don’t have any bank account then first of all you need to open a account in the bank then follow this process.

When I Go to Exchange My Rs. 500 & Rs. 1000 Notes

People have need to Exchanges their money on or before 31st Dec 2016 otherwise the Old Rs. 500 & Rs. 1000 Notes will have no value. All the Banks will be closed on 9th Nov 2016 and ATMs will also be closed on 9th and 10th Nov 2016. Banks will reopen on 10th Nov & will also open on sunday for people facility. This is fight against all Black Money & Fake Money.  So if you have any Rs. 500 & Rs. 1000 Old Notes then Exchange them or deposit your money into your account. Every person can Exchange Old 500 & 1000 Rupees Notes upto limit Rs. 4000 whereas from ATMs they can withdraw Rs. 2000.

Last Date to Exchange 500 & 1000 Rupees Old Notes 

Those who want to Exchange Old 500 & 1000 Rupee Notes must do it before 31st December 2016. The old notes will work on Medical, Petrol, Railway ticket and several others places. The RBI had released new Notes of Rs. 500 & Rs. 2000. These Notes will be available and work from 11th November 2016.

Documents Required to Exchange 500 & 1000 Rupees Notes

The below given documents will be accepted by the banks along with the Exchange Form for Old 500 & 1000 Rupees Notes exchange.

500 1000 Rupees Notes Exchange Form

500 1000 Rupees Notes Exchange Form

Documents Required to Exchange 500 & 1000 Rupees Notes

  • Adhaar Card
  • PAN Card
  • Driving License
  • Voter ID Card
  • Passport
  • NREGA Card

New 500 & 2000 Rupee Notes & Features

The Reserve Bank of India had released new Notes of Rs 500 & Rs 1000

New 500 2000 Rupee Notes Images Features

New 500 2000 Rupee Notes Images Features

 

 

3 thoughts on “How to Exchange 500 & 1000 Rupees Notes in Bank & Post Office, Document & Proof Required

  1. sAMUEL M DAMODARE

    I clearly heard the PM saying that we need to produce any of the said documents like
    Adhaar Card
    PAN Card
    Driving License
    Voter ID Card
    Passport
    NREGA Card
    I did not hear the PM saying anything about giving a photo copy of the above documents then why are the banks and post offices insisting on the same. KINDLY THROW SOME LIGHT ON THIS……

    Reply
    1. ExamMinds Post author

      Dear Samuel,
      We have given the process of How to Exchange 500 & 1000 Rupees Notes in Bank & Post Office, Document & Proof Required. You should ask then regarding this.

      Reply
  2. Abhishek Kumar Thakur

    sir I got a teared note in Hindi fatta Huwa note rupees 500 from ATM so how can I exchange???plz help me..

    Reply

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