Alert: Last day to spend your old Rs 500 and Rs 1,000 notes

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2016-11-23

NEW DELHI: You have just one day left to spend your old Rs 500 and Rs 1,000 currency notes at public utilities. After November 24, old notes would only be exchanged or deposited in banks till December 30 — unless the government extends the deadline once again just before it expires.

When the government announced demonetisation on November 8, it had allowed use of old notes at petrol pumps, Mother Dairy and other government milk booths, government hospitals, railway ticketing and crematoria and burial grounds for 72 hours.

Later, the deadline was extended by another 72 hours and the list expanded to include metro rail tickets, highway toll, medicine prescribed by a doctor, LPG gas cylinders, railway catering, electricity and water bills and entry tickets of ASI monuments.

As new notes were barely trickling in and queues at banks lengthened, the government further extended the deadline on November 14 till November 24.

Since the banks are still struggling to dispense old notes and the queues haven’t vanished, the government is expected to extend the deadline once again.

Till then, stick to this list for taking care of your old bank notes.

For More Information

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One thought on “Alert: Last day to spend your old Rs 500 and Rs 1,000 notes

  1. Pingback: Alert: Last day to spend your old Rs 500 and Rs 1,000 notes — MoneyMindz.Com – MoneyMindz.Com

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