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Friday, September 22, 2023


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WorldAsiaNew Currency Notes: New update of RBI regarding 100, 200, 500 rupee notes, check here.

New Currency Notes: New update of RBI regarding 100, 200, 500 rupee notes, check here.

New Currency Notes: Notes are issued by the Reserve Bank of India, but after demonetisation across the country, many types of viral and fake news are coming out regarding the notes.

Now Punjab National Bank has brought a special offer for you, in which you will get brand new notes. The bank has given information about these notes by tweeting.

Will have to contact the nearest branch

PNB has written in its official tweet that if you also want to change old or mutilated notes, now you can do this easily. The bank has told that you can contact your nearest branch. Here you can exchange notes and coins.

According to the new rules issued by the Reserve Bank, if you also have old or mutilated notes, then you do not have to worry at all. Now you can get such notes exchanged by visiting any branch of the bank. You can also complain if a bank employee refuses to exchange your note. You have to keep in mind that the worse the condition of the note, the lower its value.

Under what circumstances will the notes be exchanged?

According to the RBI, any torn note will be accepted only if any part of it is missing or if it consists of more than two pieces and is pasted together, provided that no essential part of it is missing. If certain parts of the currency note like the name of the issuing authority, guarantee and promise clause, signature, Ashoka pillar, photograph of Mahatma Gandhi, watermark, etc. are also missing, then your note will not be exchanged. Soiled notes which have become unusable due to circulation in the market for a long time can also be exchanged.

Such notes can be exchanged from the RBI office, very burnt notes, or notes stuck together can also be exchanged, but the bank will not take them, you will have to take them to the issue office of RBI. Remember that these things will be verified by the institution to be sure that the damage caused to your note is genuine and not willfully damaged.

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