Rs 500 Note and Rs 1000 Notes Being discontinued Announced By PM Modi

A big Shocking Reveal By Prime Minister Narendra Modi about scrapping of India’s two big currencies I.e. Rs 500 and Rs 1000 notes that are now of no use. Yes the news is right and confirmed that 1000 and 500 Rs Indian notes are being discontinued from 8 November 2016 midnight. Really shocking and people will face difficulties for coming days getting their Indian Currency change. In a official speech PM Modi officially banned old RS 500 notes and Rs 1000 notes from Indian currency. It’s an effort to stop terrorism and to stop black money activities that run terrorist camps and give terrorists their supplies. So how it will affect you and what are the highlights of this Indian currency shocking ban effective from tonight.

pm-narendra-modi-note-scrapped

How Do I change My Rs 1000 notes and 500 Notes

after this shocking news The big problem lies ahead for everyone is How do we change our Rs 500 Indian Notes or 1000 Rs Indian notes which are left at homes. yeah that’s a big problem who have big amount of Notes at home. here is all important information on how to change your 1000 and 500 notes with bank. We will also figure out the ways to exchange your Rs 1000 and 500 Notes without going to bank or post office.

  • In a major step to check black money, the prime minister announced demonetization of Rs 500 and 100 currency notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his televised address to the nation, Modi said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.
  • 50 Days to Submit Old Rs 500, Rs 1,000 Notes: PM Modi.
  • Further, Modi announced that ATMs will not work on 9, while some may not work on 10 November. The initial limit on ATM withdrawals till 11 November will be Rs 2,000. This limit will be increased slowly.
  • The people of India have been given 50 days to make the transition. The deadline to deposit all the illegal Rs 500 and Rs 1,000 notes is 30 December by showing government-issued ID proof.The people of India have been given 50 days to make the transition. The deadline to deposit all the illegal Rs 500 and Rs 1,000 notes is 30 December by showing government-issued ID proof.
  • all banks in India to be closed on Wednesday. Withdrawals from bank accounts will be limited to Rs 10,000 for the first few days.

New RS 500 and Rs 2000 Indian Notes are about to come

Here is a look at New Rs 2000 Note and Rs 500 note, soon will be launched in market

.new rs 2000 note frontnew rs 2000 note back

new rs 500 note back new rs 500 note front

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Rs 500 Note ban, Rs 1000 note ban, change rs 500 note, change rs 1000 note, change rs 500 note without bank, change rs 1000 note without bank, new rs 500 notes, new rs 2000 notes

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