Where can I exchange old currency?

Exchanging old notes You need not visit the branch of the bank where you have an account in. If you want to exchange up to Rs 4,000 in cash, you can simply go to any bank with a valid ID proof. This limit of Rs 4,000 for exchanging old notes will be reviewed after 15 days.

Can old currency still be exchanged?

Now in India, you cannot exchange the old currency as it was now a criminal offence to put an old currency. Yes, you can put only upto 5 notes of old currency as a remembrance of it.

How do I sell my old notes?

Step 1: Open the homepage of websites where you want to sell your old note. You can visit Ebay, Click India etc. Step 2: For selling the note online in an auction, you have to click the photo of the currency note having 12345 or 123456 digits on it. Step 3: Register yourself as a seller on the bidding website.

What can I do with old 1000 rupee notes?

What should I do if I have currency in Rs 500 and Rs 1,000 notes? You can deposit these notes into your bank accounts or they can be exchanged at bank branches till 30th December 2016. Bank notes of the combined value of Rs 4,000 only can be exchanged. Similar facilities will also be made available at Post Offices.

Will banks take old one notes?

Although the older notes cannot be used as legal tender, the Bank of England will accept them. A spokesperson told the BBC : “All genuine Bank of England banknotes that have been withdrawn from circulation retain their face value for all time.”

What is the price of 1 rupees old note?

Selling an old Re 1 note can fetch you Rs 45,000. The one rupee coin is available for purchase on the coinbazzar website. It should meet certain criterias.

Can old notes be sold?

People, nowadays, are frequently selling antique coins and notes and earning money for them. Old banknotes and coins are being sold through many online and offline platforms. However, it is important to note that the Reserve Bank of India (RBI) recently issued a piece of important information regarding this.

Will banks still exchange old notes?

If your bank doesn’t accept old notes or you can’t access it via a post office, don’t worry. The Bank of England itself says it will honour withdrawn currency forever, so you will still be able to swap old notes.

Can I cash in old notes?

If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

Can I withdraw $1000 note?

Singapore, 3 November 2020… The Monetary Authority of Singapore (MAS) announced today that it plans to discontinue the issuance of the $1,000 note from 1 January 2021. 3 Existing $1,000 notes in circulation will remain legal tender and can continue to be used as a means of payment.

Is it safe to exchange old Rs 500 notes?

Scrapped old notes ­ Rs 500 and Rs 1,000 ­ which were to be exchanged latest by December 20, 2016, are still there. They can be exchanged even now, but for a hefty premium. Non-Resident Indians (NRIs), who were allowed to exchange old notes till June 30 this year, are being offered a handsome commission for exchanging these notes.

Where can I deposit old notes in India?

From November 10 till December 30 you can deposit the old notes at your nearest bank or post office accounts without any limit. But withdrawals from banks are capped at Rs 10,000 per day and Rs 20,000 per week. This limit will be increased in the coming days.

Is it possible to change 500 rupees to 1000 rupees?

THERE IS NO OPTION TO CHANGE 500 AND 1000 RS. CURRENCY NOTES BECAUSE THE DEADLINE OF EXCHANGE OLD 500 AND 1000 RS. NOTES HAD OVER. LAST YEAR 31st MARCH IS THE DEADLINE TO EXCHANGE OLD CURRENCY NOTES WHICH WAS DEMONETIZED BY RBI.

What to know about the withdrawal of Rs 500 and Rs 1000?

Prime Minister Narendra Modi on Tuesday announced that Rs 500 and Rs 1,000 rupee banknotes would be withdrawn from circulation at midnight to crack down on rampant corruption and counterfeit currency. Here’s what you need to know and do in the next few days: Where can I exchange/ deposit my Rs 500 and Rs 1000 notes?