The world tin hand the sack telephone commutation banks mutilated or defective notes at RBI offices in addition to designated depository fiscal establishment branches across the province for either amount or one-half value, depending upon the status of the currency.
The RBI Fri tweaked norms for telephone commutation of mutilated currency notes next introduction of Rs 2,000, Rs 200 in addition to other lower denomination currencies.
Post demonetisation inward Nov 2016, the Reserve Bank has introduced Rs 200 in addition to Rs 2,000 notes. Besides, it came out alongside smaller notes of Rs 10, Rs 20, Rs 50, Rs 100 in addition to Rs 500.
The world tin hand the sack telephone commutation banks mutilated or defective notes at RBI offices in addition to designated depository fiscal establishment branches across the province for either amount or one-half value, depending upon the status of the currency.
While making amendments to the Reserve Bank of Republic of Republic of India (Note Refund) Rules, 2009, the key depository fiscal establishment said it has been done to enable Earth to telephone commutation mutilated notes inward Mahatma Gandhi (New) series, which are smaller inward size compared to the before series.
These rules accept come upwards into forcefulness alongside immediate effect.
“We farther inform that at that spot is a alter inward the minimum expanse of the unmarried largest undivided slice of the banknote required for payment of amount value for notes of rupees l in addition to higher upwards denominations...,” the RBI said.
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