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How to Exchange Old Rs.500/- and Rs.1000/- Rupees Notes with New One

Old Notes of Rs.500/- and Rs.1000/- was demonetized from midnight 8th November 2016, and public were requested to exchange the old notes of 500 and 1000 INR with new ones.

How to Exchange Old Rs.500/- and Rs.1000/- Rupees Notes with New One

With demonetization of old notes new notes of Rs.2000/- and Rs.500/- was released by RBI. So in this article we will explain to you how you can exchange your old notes of Rs.500/- and Rs.1000/- with new ones.

Exchange Old Rs.500/- and Rs.1000/- Rupees Notes with New One

There are two methods to get your old currency of Rs.500/- and Rs.1000/- exchanged.

You can deposit discontinued Rs.500/- and Rs.1000/- notes in your bank account without any limit or you can get exchange your old discontinued notes up to Rs.2000/- per person from bank or post office by providing your photocopy of ID Proof and filling the Request Slip for Exchange of Old High Denomination Bank Notes.

You can download the Request Slip for Exchange of Old High Denomination Bank Notes by clicking here.

If you are depositing the old discontinued notes to your bank account then there is no limit you can deposit as much amount you want in your bank account, and also there is no need to provide any additional documents like POI or POA.

So above are the two methods with which you can get your old discontinued notes of Rs.1000/- and Rs.500/-.

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