Can I exchange old notes in RBI?

The Reserve Bank of India rule also states that if the currency notes are torn into several pieces, they can be used and even if any part of the torn note is missing, it can be replaced. Normal mutilated notes can be exchanged at any of the bank branch counters or any RBI office.

Can I still exchange old 500 notes?

The Indians who still have the old Rs 500 and Rs 1000 notes can get them deposited in their bank account or the post office saving accounts or exchange them for new currency at the offices of the Central Bank. The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.

Are old 50 notes still valid?

Exchanging old notes 30 September 2022 is the last day you can use our paper £20 and £50 notes. After 30 September 2022, many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office.

Can I exchange old 50 notes at the bank?

Any old notes that no longer have legal tender status can be exchanged at the Bank of England itself at any time. There are approximately 224 million £50 notes in circulation, of which an estimated 63 million are Houblon notes.

Can we still change old Indian currency?

After the demonetization move by the Modi government, people were rattled by the long queues outside the banks and post offices for currency exchange. The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.

Where can I exchange old foreign currency?

Your bank or credit union is almost always the best place to exchange currency.

• Before your trip, exchange money at your bank or credit union.
• Once you’re abroad, use your financial institution’s ATMs, if possible.
• After you’re home, see if your bank or credit union will buy back the foreign currency.

Where can I exchange old currency?

All these notes can be exchanged at the counters of any public sector bank branch, any currency chest branch of a private sector bank or any Issue Office of the Reserve Bank of India. There is no need to fill any form for doing this.