Rs 500 AND Rs 1000 NOTES Demonetized
Prime minister Narendra Modi declared that notes of Rs500 and Rs1000 will not be valid from midnight 8/11/2016. People can exchange or deposit their money in banks or in post office from 10th of November up to 31st March 2017. Bank will remain close on 9th of November and in some places on 10th November bank will remain close and ATM will not work. Citizens have 50 days so don’t panic. All the notes and coins like Re1, Rs2, Rs5, Rs10, Rs20, Rs50, Rs100 will be valid. Online transaction can be done.
Old notes of Rs500 and Rs1000 banned.
