Older iterations of denominations will be banned from DEC 1.

[danger007]

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 .

Then what is the use of issuing new notes when they allow years to exchange.. lol.

 

[Imran Khan]

Then what is the use of issuing new notes when they allow years to exchange.. lol.

you can go out tomorrow morning and ask this question Indians dying in front of banks lol

this is real lol man
http://www.hindustantimes.com/india...onetisation/story-BJMF7cKKyYmY3t7g3OGgxI.html

 

[Zibago]

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.

We still have 1000 rs notes

 

[danger007]

you can go out tomorrow morning and ask this question Indians dying in front of banks lol

this is real lol man
http://www.hindustantimes.com/india...onetisation/story-BJMF7cKKyYmY3t7g3OGgxI.html

Am already engaged in that argument. This is a complete Note ban..

We had pre 2005 note ban but it is done in year..



http://m.hindustantimes.com/busines...rency-notes/story-MtLrOxGY9MLQqiPouBSM3K.html

 

[RealNapster]

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

Pakistan this year introduced 5 rupees and 10 rupees new coins. Rs. 50, Rs.500 and this one is Rs.1000 new note. Correct your knowledge we are not following your modi.

 

[Imran Khan]

Am already engaged in that argument. This is a complete Note ban..

We had pre 2005 note ban but it is done in year..



http://m.hindustantimes.com/busines...rency-notes/story-MtLrOxGY9MLQqiPouBSM3K.html

i must thank Pakistani gov for treating us like humans not like cattle .poor villagers are changing their notes even now last time a female come to bank with 70k old notes which are not in use . bank refuse it but then its came in media and gov changed it . its mean all those 8 years and poor still don;t know abut currency change .

 

[fitpOsitive]

PRobably the new RS 1000 Note

SOurce : GEO NEWS

Title should be like "Old notes will be unacceptable from DEC 1"

 

[xyxmt]

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

I scored 90 right

off course 5000 not going anywhere, our corruption mafia loves that note. so easy to carry, you can give someone one lakh rupee rolled in one sheet of toilet paper

 

[Thorough Pro]

LOL at your delusions and condolences on your comprehension. Read again and try to understand the difference in what you guys have done, and what we are doing.

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.

 

[nair]

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 .

Apple's and oranges.....

These changes happened in India before too... old 100 and 500 notes are withdrawn slowly from the market.....

The purposes are different....

 

[Hell hound]

PRobably the new RS 1000 Note

SOurce : GEO NEWS

kid this is the old note haven't seen it like in ages

 

[HRK]

Then what is the use of issuing new notes when they allow years to exchange.. lol.

We changed all of our currency notes of old design with new design with addtional security features .... that decision was taken many years back

 

[Naif al Hilali]

Also old style Rs.5 coins in addition to below:http://www.dawn.com/news/1188879/govt-to-weed-out-old-currency-notes
http://www.dawn.com/news/1188879/govt-to-weed-out-old-currency-notes
Govt to weed out old currency notes
The Newspaper's Staff Reporter — Updated Jun 18, 2015 03:45pm



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KARACHI: The government has decided to phase out all old-designed currency notes till the end of next calendar year, said the State Bank on Wednesday.

“As per federal government gazette notification (June 4, 2015), such currency notes will cease to be legal tender from Dec 1, 2016,” said the SBP.

Earlier, Rs5 currency notes and the old designed Rs500 notes were demonetised. Now all the remaining old-designed notes of Rs10, 50, 100 and 1,000 will be demonitised, said the SBP.

The State Bank issued a new banknotes series which started with the issuance of Rs20 denomination banknote in 2005 to improve security, durability and aesthetic quality of banknotes. The process of issuance of complete series of new designed banknotes, comprising eight denominations (Rs5, 10, 20, 50, 100, 500, 1000 and 5000) was completed in 2008.

The last day to exchange all old designed banknotes from banks is Nov 30, 2016. All old designed banknotes will cease to be legal tender on Dec 1, 2016 while the last day to exchange all such banknotes from SBP BSC field offices is Dec 31, 2021.

The commercial and microfinance banks will accept the old-designed banknotes of Rs10, 50, 100 and 1000 and exchange the same with the new banknotes and coins of all denominations up to Nov 30, 2016, only.

However, SBP BSC field offices will continue to accept the old designed banknotes of Rs10, 50, 100 and 1000 from general public up to Dec 31, 2021.

Published in Dawn, June 18th, 2015