How to Exchange 500 & 1000 Notes

Organization: 

All India Number(s): 

022 22602201

022 22602804

022 22602944

Website: 

Check Official Website

Prime Minister Narendra Modi on Tuesday 8 pm announced that the currencies in the denominations of Rs 500 and Rs 1,000 will be invalid from 12 o'clock midnight of 8 November .

Where can I exchange or deposit my Rs 500 and Rs 1000 notes ?

• You can deposit the old notes at your nearest bank, cash deposit machines or post offices accounts from November 10 till December 30 without any limit.
• You can also exchange Rs 500 and Rs 1000 notes for lower denomination at banks, head post offices and sub-post offices by filling up money exchange form. (Take Aadhaar card and PAN Card when you go to exchange notes).

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• Notes of Rs 500 and Rs 1000 are also accepted till 11 November at
  • Petrol Pumps,
  • Government hospitals,
  • Railway, airline, government bus ticket booking counters,
  • Milk booths authorized by state governments.
• After 30 December notes of Rs 500 & 100 can be deposited at Reserve Bank of India (RBI) offices till 31 March after filling a declaration form along with Id proof and reasons.
• In case you face any problem you can approach RBI control room
  • Phone : 022 22602804 / 022 22602944 / 022 22602201
  • Email : bankquery [at] rbi [dot] org [dot] in, publicquery [at] rbi [dot] org [dot] in
  • You can also contact RBI customer care
  * These helplines are specially opened by RBI for monitoring purpose and to provide guidance to banks and public.

Exchange Limits

• Yo can get only upto Rs 4000 per person in cash exchange.
• ATM withdrawals will be restricted to Rs 2,000 per day.
• Withdrawals from bank accounts will be limited to Rs 10,000 a day and Rs 20,000 a week upto 24 November. After 24 November these limits will be increased.

New Notes of Rs 500 & 2000 to be Launched

• New Notes of Rs 500 & 2000 will be circulated from 10 November onward..

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• Specification of New Rs 500 Note

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• Specification of New Rs 2000 Note

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