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1. Maintain serene: you have fifty times time to exchange / deposit your outdated notes in banking companies / publish business office and reduce denomination notes and cash will remain authorized tender. two. Crisis demands have been taken treatment of. · Some leeway has been given by the government for use of these notes for healthcare emergencies and many others. a thousand five hundred be aware banned For 1st seventy two hrs from Nov 8 midnight i.e. till 11 Nov midnight govt hospitals will acknowledge these aged notes, pharmacies in authorities hospitals will acknowledge these notes with Doctor’s prescription. · Outdated notes will be acknowledged for railway ticket scheduling and air travel scheduling for the 1st 72 several hours. · Additionally, For seventy two hours previous notes will be approved at petrol , diesel and CNG stations authorised by public sector businesses, milk booths, crematoriums, and federal government co-operative shops a thousand 500 be aware banned . · Global airports will make preparations for arriving travellers to trade up to Rs 5000 well worth of outdated notes for the new lawful tender. · No restriction on electronic fund payments or transfers which includes credit and debit cards 3. Accumulate all the currency retained in different spots: (i) Wallets (ii) In the home –drawers/safes. (iii) From your lockers in lender if any are stored there. Gathering from financial institution would be achievable right after banking institutions open for public working as financial institutions will be closed for community dealing on November nine, 2016. four. Different and consider out the Rs 500 and Rs a thousand notes from these. Depend and create down the whole. 1000 500 notice banned Ideally make bundles of fifty, one hundred and a number of bundles totalling to the quantity that is permitted to be exchanged in the preliminary times. five. Get ready for long queues at banking institutions and put up places of work from Nov 10 onwards. From November ten to 24 outdated notes upto Rs 4000 in benefit can be exchanged. Following Nov 25 this restrict will be raised. You need to have to consider your ID playing cards together. six. Aged notes can be deposited in banking institutions or put up offices from Nov ten to Dec thirty till close of banking several hours. 7. Withdrawal of new notes will be limited to Rs ten,000 per day and Rs 20,000 per week to begin with so use your credit history/debit card to store. eight. If you really do not manage to deposit all your old notes by Dec 30 you even now have a window. You can exchange aged notes at designated places of work of the RBI after publishing a declaration kind and demonstrating your ID card up to 31.3.2017. 9. one thousand five hundred notice banned Maintain a checklist of the serial numbers of the notes submitted /exchanged at banks as the RBI has declared that the accepting lender/publish workplaces will maintain track of these. Fairly obviously the cash flow tax division will be taking a look at who is publishing how significantly so exchange only the sum you are willing to make clear to the tax division. Read through A lot more :Rs five hundred | Rs one thousand | Narendra Modi | Forex | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to flow into new five hundred, 2000 forex notesMore From Personalized Finance NewsRs five hundred, Rs one thousand notes are no lengthier lawful tender: What you require to know and doRs 500, Rs a thousand notes are no longer authorized tender: What you require to know and doPFRDA asks Pension Advisory Committee to review calming 40 pc annuity ruleSpeedy implementation of UP RERA demanded by Noida property buyersFreehold residence problem to be taken up by Noida's RWA federationFor house tax recovery, Pune Municipal Corporation varieties a special team'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBCNo environmental clearance for Bangalore Growth Authority's mega housing projectBank of Baroda cuts MCLR charge by ten bps throughout tenorsInterest charges on home financial loans slashed by large lendersPSU banking institutions lent almost double of non-public banks in Q1 of 2016Get a QuoteBrowse one thousand five hundred note banned