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Indian Government Banned Rupees 500 and 1000 from today

Indian Government Banned Rupees 500 and 1000 from today: Indian Government Banned Rupees 500 and 1000 from today or from midnight because of some reason. Prime Minister Narendra Modi is going to make a grate history from tonight. You already know that He has spoken so many times about the Indian Black Money. PM Modi has announced so many times that if you have so much money and you can show the real source of income of the money, you don’t have to fear so much. Those people, who have so much money but they can’t show the proper source of income of their huge amount of money, this new idea of PM Modi will definitely disappoint them. Now, so many questions is coming to your mind, right? I hope, every people around the country is thinking about the new idea of our Prime Minister. Each and every person is thinking why has he decided to banned Rs 500 and Rs 1000 from today.

Indian Government Banned Rupees 500 and 1000 from today

Here, In this article, I will discuss each and every reason as much as possible. Now, the latest news coming from different places and from different peoples that Indian Prime Minister has decided to banned the two greatest note for the security of our country. We all know that Indian Economy is one of the fastest growing economy in the world. But, we all also know that we can see the symbol of corruption in India everywhere. Because of this corruption, honest people be not getting their proper right which they really deserve. I am not going to discuss about the corruption here. If you just look at any city, you will get an idea how many people have their money but their money has not been accounted properly in any recognized bank of India. There are so many people exist in our country who don’t pay their tax per year continuously. There are so many people who contains a huge amount of black money. The new idea of our prime minister will obviously hart them. The main reason is that they will try to make their money white within a few hours.

But, it is not as easy task to do. If they think to transfer their money from their own registered account, they have to show the proper source of income of their unaccounted money. So many people try to import and export black money through the border. So, to stop that kind of illegal job, our prime minister has decided to banned Rs 500 and Rs 1000 from today. But, you don’t have to worry so much. You have your money in your bank. You can show the proper source of income of your money. The one thing, you have to do, you have to deposit you Rs. 500 and Rs 1000 to your nearest or local bank within 9th of November 2016to 30th of December 2016 The new printed money will arrive soon and the bank department will serve you as soon as they can. I hope, I should share one thing with all of you that ATMS is not going to work on 9th and 10th of November 2016 That means, you can’t use your ATM during this period. You will be able to use your ATMS from 11th of November 2016.

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Where you can exchange your money?

In this paragraph, I am going to discuss about the matter. You just have gone to any registered bank and you have to deposit your current Rs 500 and Rs 1000 in the cash counter. Don’t forget to carry your Voter Identity Card, Pan Card, PassBook, Adhar Card. You will receive a receipt from the bank department instead of depositing your money. New Rs 500 and Rs1000 Note will be launched soon. You will be collect your new printed money from the bank after that. Rs 500 and Rs 2000 Notes will be launched instead of the above referred notes. So, follow the bank rules and keep in touch with your bank. You can also deposit and collect your money in any Government Post Office.

Watch The Video To Know More About Indian Government Banned Rupees 500 and 1000/-

  • Note:- Video Source from Narendra Modi Official YouTube Channel

When you can use your ATM Card?

Indian Government has decided to stop their Internet Banking Transaction Service and ATM Service on the 9th and 10th of November 2016 But, don’t worry. ATM service will start from 11th of November 2016 You can use your ATM Card from that time. The main reason to stop the ATM Service is that so much money have already in the ATM Cash Box. But, the current currency will be banned. In this time period, ATM Service Provider will take out their money from ATM Cash Box and they will submit their Money to their specified Bank or RBI. New Printed Money will be launched. ATM service will be start from that time (in a day or two). If you missed out to deposit your money within the referred period, you will get a last chance to deposit your money directly in the Reserve Bank of India (RBI).

Where you can use your old Rs 500 and Rs 1000 Notes?

You can easily payment your old currency in any registered places like Railway, Hospital, Airlines. You also can buy bus ticket or petrol, gas and diesel from the proper places by the help of your old currency. They will accept your old Rs 500 and old Rs 1000 Notes till 11th of November 2016
Summery: So, I have delivered all the step by step procedure about the Indian Government Banned Rupees 500 and 1000 from today. I also have given so many ideas how you can get new currency and from where? I have also delivered the idea about where you can still use your old currency. I have given all the necessary information in easy and simple language. I hope, if you read my article just once, it you give you a clear idea what to do next or now. That’s it my friends. I will update every thing as soon as possible. So, Keep visiting my website.

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Nabarun
Nabarun, a skilled writer since 2014, brings his creative talent to help readers in every aspect of life.

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