NEW DELHI, Nov 11 : The limit to exchange old notes of Rs 500 and Rs 1000 is Rs 4000 till further review by the RBI and NOT per day as has been misunderstood by some people. The Frequently asked Questions (FAQs) on the RBI website and the notification regarding de-monetisation mention that old notes of Rs 500 and Rs 1000 can be exchanged at bank or post office branches till December 30, 2016 up to a value of Rs 4000 by filling up a form and providing ID proof. The notification regarding this does not state that this is ‘Rs 4000 per day’.
The post Note exchange worth Rs 4000 only once appeared first on The Sangai Express.
Read more / Original news source: http://www.thesangaiexpress.com/note-exchange-worth-rs-4000/