Older iterations of denominations will be banned from DEC 1.

[Zain Malik]

PRobably the new RS 1000 Note

SOurce : GEO NEWS

 

[Jugger]

There is nothing wrong in following the good decisions made by your neighbour, even if you consider them your enemy.
This decision is made after closely watching the modi govts decision on black money.

 

[Zain Malik]

There is nothing wrong in following the good decisions made by your neighbour, even if you consider them your enemy.
This decision is made after closely watching the modi govts decision on black money.

Here BIG size means THE Length*Width of the notes not the value of currency.

 

[raj76]

without the element of surprise this will be failed attempt to corner the corrupt

 

[Hyde]

PRobably the new RS 1000 Note

SOurce : GEO NEWS

I thought this note ceased to exist couple of years ago.

I think we already have a new note in the market since last few years. I would be extremy shock if people are still circulating this note from the childhood era

 

[Awi]

I thought this note ceased to exist couple of years ago.

I think we already have a new note in the market since last few years. I would be extremy shock if people are still circulating this note from the childhood era

damn, I have stocked so many of these, just to get out of the airport alive man. Now who is going to save me from the butcher mafia in our airports

 

[RAAJ大和]

Huh...Modi scheme has already failed saw the news on all channels that blackmoney is not back and poor are being given hardship of exchanging notes...Useless scheme...

 

[Emmie]

This big size bill is already banned, I think. It's no more in use. haven't seen this bill for last 2-3 years.

 

[Imran Khan]

Huh...Modi scheme has already failed saw the news on all channels that blackmoney is not back and poor are being given hardship of exchanging notes...Useless scheme...

There is nothing wrong in following the good decisions made by your neighbour, even if you consider them your enemy.
This decision is made after closely watching the modi govts decision on black money.

please do not jump sir

big size notes means old notes of pakistan its been since 8 July 2008 pakistan have changed new notes but old notes still are in use . not like modi change in one night.
gov gives many deadlines in past 8 years but still peaople use them .

New currency notes of Rs5 and Rs50 launched
July 08, 2008
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Our Staff Reporter


inShare
KARACHI - State Bank of Pakistan (SBP) on Monday launched state-of-the-art new currency notes of Rs 5 and new design of Rs 50 denomination with added security features.
Announcing the issue at the launching ceremony at SBP head office, the Governor State Bank Dr Shamshad Akhtar said that the new notes will be available from Tuesday (today) from all branches of SBP Banking Services Corporation (SBSC).
She said the up-to-date security features incorporated in Rs 50 newly designed and new Rs 5 banknotes are of international standards and thus minimized the possibility of their counterfeiting.
Nevertheless, it is important for the public to be well-versed with these security features so that they can easily recognize a counterfeit banknote when they come across it, she said, urging media men to effectively play their vital and constructive role in educating the public by giving wide coverage to the security features new design of Rs 50 and new Rs 5 banknotes.
It may be recalled that the State Bank has already introduced newly-designed banknotes of Rs 10, 20, 100, 500, 1000 and 5000 denominations.
The newly-designed upgraded series started gradually by introduction of Rs 20 banknote from 13th August 2005, has now been completed with the launch of Rs 50 new design and new Rs 5 banknotes from today.
The launch of new high-tech banknotes has helped modernize the banking industry in Pakistan as the new-design banknotes are equipped with machine readable features.
This will facilitate the automation of handling of banknotes by banks and use of equipment to detect counterfeiting while processing the banknotes.
Several built-in state-of-the-art security features designed to prevent counterfeit production of Rs 50 new-design and new Rs 5 banknotes are: anti-copy and anti-scan, micro-lettering, micro text security thread, and see-through.
Besides special feature for visually impaired persons, latent image of denomination and raised printings are also appearing on new-design banknote of Rs 50 denomination.
The vignette of Gawadar Sea Port is printed on the reverse of the new banknote of Rs 5 denomination and the vignette of Karakoram Peak 8611m is printed on the reverse of new-design banknote of Rs 50 denomination.
It may be pointed out that Rs 5 demonetized banknote with vignette of Khojak Railway Tunnel, Balochistan printed on the reverse of this note is no more a legal tender from 1st July 2005 and should not be used in currency transactions.
The SBP Governor said that the old-design banknotes of Rs 10, 20, 50, 100, 500 & 1000 would continue to remain in circulation as legal tender along with the new-design banknotes of these denominations.
It may be mentioned here that the State Bank has started issuing the new orange-green-yellow colour Rs 20 banknote with effect from 22nd March, 2008.
This Rs 20 and the other banknote of the same denomination in brown colour will continue to remain in circulation as legal tender.
The launching ceremony was attended, among others, by the Acting Chairperson, Pakistan Security Printing Corporation, Naiyer Muzafar Husain, Deputy Governors, State Bank of Pakistan, Mansur-ur-Rehman Khan and Yaseen Anwar, Managing Director, SBP Banking Services Corporation, M Kamran Shehzad, Executive Directors, Directors and senior officials of SBP & PSPC.

 

[Hareeb]

OLD RS10, 50 AND 100 NOTES TO DISCONTINUE AFTER NOV 30

Ishaq dar said there is no ban on currency notes value Rs.500, Rs.1000 or Rs.5000.

 

[Hassan Guy]

why?

 

[M.SAAD]

O f***k.

 

[Noman Sherdil]

This only means the size of the note, not the value. Rs 1000 and 5000 notes are not going anywhere.

I scored 90 right

 

[danger007]

without the element of surprise this will be failed attempt to corner the corrupt

Without proper ground work to meet the demand to sustain markets also it will be failed.

 

[Imran Khan]

Without proper ground work to meet the demand to sustain markets also it will be failed.

modi should learn from Pakistan

new note was issued in 2008 but our gov give us all these years to convert them . and finally after 9 years they are gonna stop accepting old note. changing notes in 2 month is a joke .