Nris Having 500 And 1000 Notes

Discussion in 'Money Matters' started by dnormx01, Nov 8, 2016.

  1. dnormx01

    dnormx01 Gold IL'ite

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    What are we supposed to do now? Any help/ suggestion please.
     
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  2. Shanvy

    Shanvy IL Hall of Fame

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    NRI could deposit indian currency in local sbi at their country supporting with passport copy (or) these can be changed at rbi with a declaration tourists can change the notes at airports. Time limit upto 31 march 2017
     
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  3. blessings1010

    blessings1010 Gold IL'ite

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    Thanks @Shanvy ..I had the same doubt.
     
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  4. dnormx01

    dnormx01 Gold IL'ite

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    @Shanvy: Thank you for the information.
     
  5. JustAnotherMom

    JustAnotherMom Platinum IL'ite

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    @Shanvy Thank you. That was first question raised in mind.
     
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  6. winny

    winny New IL'ite

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    Thanks for the timely information.
     
  7. sokanasanah

    sokanasanah IL Hall of Fame

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    OK, I didn't get the memo - what's the context? Are the Rs.500 and Rs.1000 denominations being phased out?
     
  8. Avanti30

    Avanti30 Gold IL'ite

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  9. JustAnotherMom

    JustAnotherMom Platinum IL'ite

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  10. joylokhi

    joylokhi Platinum IL'ite

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    yes, please check rbi notoification and PMs speech on the net.
     

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