How to exchange Rs500/1000 Notes | Documents Required | Cash Withdrawl & Deposit Limits

FULL VIDEO: 

https://youtu.be/DtQBQ4kHEks

Complete Rule Schedule & procedure of depositing or exchanging old rupees 500 or Rs.1000 currency note along with how much amount limit in deposit wether it will be dont by cash deposit machine or in bank or post office , Date limit and process are following :

*1 - Old Rupees 500 and Rs.1000 depositing procedure - *

* Can be deposit to your own account in Bank or post office across india , it is not compulsory that it should be deposited in only your branch , it can be deposited in any branch of your bank any where in the country .

* *Limit -* There is no limit in depositing money in your account , you can deposit any amount you have in your account.

* *Time & date duration -* Start from 10th november 2016 to 30 december 2016 a period of 50 days. after this you can deposit in RBI with a declaration form till march 2017.

* *Document Required -* Your Identity proof voter id or aadhar card or PAN

* *Cash Deposit at CDM Machine -* it is not allowed to Deposit old 500 and 1000 via cash deposit machine as of now .

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*EXCHANGE PROCEDURE : Old Rupees 500 & Rs.1000 can be exchanged with new 500 or 2000 note procedure is following :*

* *Venue of exchange money -* Any Bank or any post offices across india.

* No Account is requied for exchange process only a Govt issued id such as Voter card or Aadhar card is requied.

* *Limit of Exchange -* Only Rupees 4000 per person is allowed .

* *Duration or Time limit to exchange old currency -* 10th nov 2016 - 24th Nov 2016.

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*Procedure & Rule to withdraw New 500 & 2000 rupees note :*

*From ATM Machine -* Only Rs.2000 per day per ATM Card & Maximum Rs.20,000 per week.

*From Bank counter :* Daily Rs.10000 maximum & weekly Rs.20000 per account.

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