How to Exchange Old 500 and 1000 Notes Full Process

Recently our PM Modi ji banned old 500 and 1000 notes and launched new 2000 and 500 notes so we all have to exchange old notes  into new notes, but many of peoples don’t know how to exchange old 500 and 1000 notes that’s why today i am writing this post for just helping peoples so read this post and till end, also share it with your friends so they can also able to know

How to exchange old 500 and 1000 notes, rs 500 1000 notes banned

Before i said what you have to do, lets know why pm modi ji banned old 500 and 1000 notes, what is the reason

In india some peoples have huge money, they earned those money by doing illegal job and this is called black money that’s why  our pm banned old 500 and 1000 notes and launched new 500 and 2000 notes, but don’t worry we all can exchange our old notes into white money, just you have to visit your nearest bank or post office with your i card or adhar card

How to exchange old 500 and 1000 notes, 500 1000 notes banned

Please note to exchange your old 500 1000 notes You have to submit your Rs 500 and Rs 1000 notes between November 10 to 30 December 2016 in post offices or in banks using a valid ID such as passport or PAN card.

Steps to exchange old 500, 1000 notes

  1. Go to your nearest bank or post office
  2. You have to provide your gov id card like aadhar card/voter card
  3. Fill the exchange form and submit it
  4. Now, submit your old notes and take new notes
  5. That’s it, you have successfully exchanged

Old note Exchange form looks like below-

Old note exchange form

Remember If you are unable to exchanges your money within 30 December 2016 you will be allowed to declare them in RBI till 31st March 2017. Due to shortage of new notes, you can only exchange Rs.4000 per day.

Government Hospital, International Airport, Government Bus Stand, Railway ticket booking counter will still accept Rs 500 and Rs 1000 Notes till 11th November.

So guys i hope you understand details about how to exchange old notes into new notes, if you have any others questions regarding note exchange then just leave a comment, i’ll reaply you as soon as possible

Tags: how to exchange old 500 1000 notes, convart black money into white money, new 2000 notes, 1000 notes banned, 500 note banned

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