Rs 500 and Rs 1000 Notes Banned Solution How To Exchange Notes

Rs 500 and Rs 1000 Notes Already Banned In India ?? All Are Knowing Well So How To Transfer It To Bank Account?Yes We Have a Solution for It??WANT TO EXCHANGE OLD NOTES TO NEW ONE Read This Article Carefully

Prime Minister Narendra Modi has announced that Rs. 500 and Rs. 1,000 currency notes are illegal as of midnight. Here is his speech in English and Hindi (scroll to the end of the page for speech in Hindi):

Highlights from his speech,Exchange Old Notes To New:

  • Some important decisions and some serious issues to share.
  • When you elected this government in 2014, world was talking about India being shaky economically. But India is now an economic star – this is what IMF and World Bank are saying.
  • Sab ka sarkaar, sab ka vikas – governance and progress for all is our motto. We are focused on empowerment of the poor. A series of schemes we have introduced all aim at this. This is a government for our farmers.
  • Corruption and black money are diseases rooted in this country, they are obstacles to our success.
  • We are among fastest-growing economies, but we also rank so high in global corruption rankings.
  • Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror – this has been proven repeatedly.
  • Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror – this has been proven repeatedly.
  • Our measures to check black money are paying off. A voluntary disclosure scheme for undeclared money saw a good response. A Special Investigating Team is making progress to identify who has sent money abroad.
  • 1.25 lakh crores of black money has been recovered.
  • We need to take a new solid step to fight black money. From now on, Rs. 500 and Rs. 1000 notes will not be used. Have 50 days to turn them into banks and post offices.
  • On November 9 and in some places on November 10, ATMs will not work.
  • Respite for people for the initial 72 hours, government hospitals will accept old Rs. 500 and 1000 notes till 11 November midnight.
  • Petrol pumps and retail outlets will have to keep every single entry of cash transaction with 500 and 1000 notes till November 11.
  • Crematoriums and cemeteries will also be allowed to transact 500 and 1000 notes till November 11.
  • There will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc.
  • Those unable to deposit Rs. 1000, Rs. 500 notes by December 30 for some reason, can change them till March 31, 2017 by furnishing ID proof
  • Notes of Rs. 2000 and Rs. 500 will be circulated soon, RBI has decided to limit the notes with higher value
  • Source-

Solution Of Rs 500 and Rs 1000 Notes Banned How to Transfer It To Bank Account

There Are Many Ways Through Which You Can Transfer Your Rs 500 and Rs 1000 Notes In Your Bank Account Easily So Are you Ready. You Can Easily Transfer Upto Rs 1 Lakh And It Is Official There Is No Risk and Its is 100% genuine So Why Are You Waiting In Long Queue So Lets starts

Method 1 To Transfer Rs 500 and Rs 1000 Notes In Bank Through Mobikwik

  1. First Of All Download Mobikwik App From Here
  2. Login Or Signup For New Account
  3. Click On Menu
  4. Than ClickOn Cash Deposit

Click On Cash Deposit on Above Right of The Dashboard, 500& 1000 notes banned Solutions


  1. AFter That Click On Generate Order Id
  2. You Can Deposit At Any Mobikwik Cash Deposit Center You Wallet Will Be Update …..Give Them Rs 500 & Rs 1000 Notes
  3. Than See Below How To Trf  Rs 1000 and Rs 500 Notes To Bank

Trf 500 and 1000 Notes To Bank Using Cash Pick Up Method


  1. This Service Is Availabe In Selected Cities see above In Image
  2. Delhi/ncr Jaipur, Mumbai and Surat Only
  3. Request Cash Pick Up

So How To Buy Products In This Period

As Rs 500 & 1000 Notes Are Totally Invaluabe From 10 November And If You Are Going To Shop To Buy Products Like Refrigerators, Fridge, Washing Machine, A Smarphone and Gadgets You Cant Able To Buy. The ATM Daily Withdraw Limit Is Rs 2000 Only So I Suggest YOu To To Purchase Products Online and Get Huge Discounts and Offers. Some Top Indias Online Shopping Merchant Like Flipkart , Amazon and Snapdeal Are Providing All Household and Daily Use Products. You Can Buy Mobile Phones and All Grocery From Amazon Without 500 and 1000 Rupees Notes Hassle Free.

So Buy Shop AT Flipkart Between 10 November-31 December
Shop AT Amazon and Get Huge Offers and Discount
Shop At Snapdeal In Between Notes Banned Period

Must See- Amazon Lightning Deals Of Day For Today

RecommendedSNapdeal Deals Of The Day For Today

Must BuyFlipkart Best Deals For Today

Transfer 1000 & 500 Notes To Bank Account Easily Read Below Steps

How much is my Rs 500/1000 note worth now?

Your 500/1000 notes are worth its value till December 30, provided you deposit it in your bank account.

4. Can I get all in cash?

No. You will get up to Rs 4,000, per person, in cash and anything over and above that will be receivable by way of credit to your bank account.

If you have Rs 500 and 1000 notes in white, read these stories.

Rs 500, Rs 1000 notes illegal from midnight, ATMs won’t work tomorrow: PM Modi

PM Modi’s rupee revamp: Don’t worry your money stays your money

Here’s what you can do with your useless Rs 500 and Rs 1000 notes

5. Why can I not get the entire amount in cash when I have surrendered everything in cash?

The scheme does not provide for it, given its objectives.

6. Rs 4000 cash is insufficient for my need. What to do?

You can use balances in bank accounts to pay for other requirements by cheque or through electronic means of payments such as Internet banking, mobile wallets, IMPS, credit/debit cards etc.

7. What if I don’t have any bank account?

You can always open a bank account by approaching a bank branch with necessary documents required for fulfilling the KYC requirements.

8. What if, if I have only Jan Dhan account?

You can avail the exchange facility subject to the caps and other laid down limits in accord with norms and procedures.

9. Where can I go to exchange the notes?

The exchange facility is available at all Issue Offices of RBI and branches of commercial banks/RRBS/UCBs/State Co-op banks or at any Head Post Office or Sub-Post Office.

10. Need I go to my bank branch only?

For exchange up to Rs 4000 in cash you may go to any bank branch with valid identity proof.

For exchange over Rs 4000, which will be accorded through credit to Bank account only, you may go to the branch where you have an account or to any other branch of the same bank.

In case you want to go to a branch of any other bank where you are not maintaining an account, you will have to furnish valid identity proof and bank account details required for electronic fund transfer to your account.

11. Can I go to any branch of my bank?

Yes, you can go to any branch of your bank.

12. Can I go to any branch of any other bank?

Yes, you can go to any branch of any other bank. In that case you have to furnish valid identity proof for exchange in cash; both valid identity proof and bank account details will be required for electronic fund transfer in case the amount to be exchanged exceeds Rs 4000.

13. I have no account but my relative / friend has an account, can I get my notes exchanged into that account?

Yes, you can do that if the account holder relative/friend etc gives you permission in writing. While exchanging, you should provide to the bank, evidence of permission given by the account holder and your valid identity proof.

14. Should I go to bank personally or can I send the notes through my representative?

Personal visit to the branch is preferable. In case it is not possible for you to visit the branch you may send your representative with an express mandate i.e. a written authorisation. The representative should produce authority letter and his / her valid identity proof while tendering the notes.

15. Can I withdraw from ATM?

It may take a while for the banks to recalibrate their ATMs. Once the ATMs are functional, you can withdraw from ATMs up to a maximum of Rs 2,000 per card per day up to 18th November, 2016. The limit will be raised to Rs 4000 per day per card from 19th November 2016 onwards.

16. Can I withdraw cash against cheque?

Yes, you can withdraw cash against withdrawal slip or cheque subject to ceiling of Rs 10,000 in a day within an overall limit of Rs 20,000 in a week (including withdrawals from ATMs) for the first fortnight, that is up to 24 November 2016.

17. Can I deposit withdrawn notes through ATMs, Cash Deposit Machine or cash Recycler?

Yes, notes can be deposited in Cash Deposits machines / Cash Recyclers.

18. Can I make use of electronic (NEFT/RTGS /IMPS/ Internet Banking / Mobile banking etc) mode?

You can use NEFT/RTGS/IMPS/Internet Banking/Mobile Banking or any other electronic/ non-cash mode of payment.

19. How much time do I have to exchange the notes?

The scheme closes on 30 December 2016. The banknotes can be exchanged at branches of commercial banks, Regional Rural Banks, Urban Cooperative banks, State Cooperative Banks and RBI till 30th December 2016.

For those who are unable to exchange their Old High Denomination Banknotes on or before December 30, 2016, an opportunity will be given to them to do so at specified offices of the RBI, along with necessary documentation as may be specified by the Reserve Bank of India.

20. I am right now not in India, what should I do?

If you have OHD banknotes in India, you may authorise in writing enabling another person in India to deposit the notes into your bank account. The person so authorised has to come to the bank branch with the OHD banknotes, the authority letter given by you and a valid identity proof (Valid Identity proof is any of the following: Aadhaar Card, Driving License, Voter ID Card, Pass Port, NREGA Card, PAN Card, Identity Card Issued by Government Department, Public Sector Unit to its Staff)

21. I am an NRI and hold NRO account, can the exchange value be deposited in my account?

Yes, you can deposit the OHD banknotes to your NRO account.

22. I am a foreign tourist, I have these notes. What should I do?

You can purchase foreign exchange equivalent to ?5000 using these OHD notes at airport exchange counters within 72 hours after the notification, provided you present proof of purchasing the OHD notes.

23. I have emergency needs of cash (hospitalisation, travel, life saving medicines) then what I should do?

You can use the OHD notes for paying for your hospitalisation charges at government hospitals, for purchasing bus tickets at government bus stands for travel by state government or state PSU buses, train tickets at railway stations, and air tickets at airports, within 72 hours after the notification.

24. What is proof of identity?

Valid Identity proof is any of the following: Aadhaar Card, Driving Licence, Voter ID Card, Pass Port, NREGA Card, PAN Card, Identity Card Issued by Government Department, Public Sector Unit to its Staff.

25. Where can I get more information on this scheme?

Further information is available on and GoI website.

26. If I have a problem, whom should I approach?

You may approach the control room of RBI by email. You can mail to [email protected]or call 022 22602201 / 022 22602944

source :

Tags: how to transfer rs 1000 notes to bank, how to transfer rs 500 notes to bank, how to transfer black money to bank, what would i do if i have a black money cash, how to transfer cash rs 1000 notes and 500 notes to bank without going to bank

Rs 500 and Rs 1000 Notes Banned Solution How To Exchange Notes
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  1. Reply
    Name: dashrath ysdav December 8, 2016 at 8:34 am

    sir mera 2005 se pahle ka rs 500 ka note SBI Kerakat ne nahi liye

    • Reply
      Name: dashrath ysdav December 9, 2016 at 3:28 am

      sir esliye SBI Kerakat me name per complaint Karna hai hamara old 500 ka note nahi leye aur solution puchhane per reply deye nahi malum


  2. sir main rat din rickshaw chalata hou rupy bank band honey ke bad main roj apne ghar main saving karta hoon muze khud ka ghar Kharadi karna hain maine etne salon main jo saving ki hain o main bank mein bhar sakta hoon agar han to uske upar bhi tax lage ka agar tax laga to mera bahut bhari nuksan ho jayega iska koie dusri koi tarkib hain mera tax bach skata hain 9766422221

    • haa main apke batton ko smjh skta hun main apko iska ek behtareen solution deta hun sabse phli bat 1. ap roz ek account me 20000 rupay dal skte ho 2. iska upay ye hai ki ap kisi ek account me paisa mt dalo ap apne paise ko zyda se zyada alag alag bank account me dalo..agr apke wife ke account ho to kuch usme dalo agr apke bacche ka account ya fir koi khas ristedar ka accunt hoto kuch usme dalo…………is trh ap apne paise ko alag alag account me dal lo…isse ek faida hoga ki ap income tAx department ke naazar me ni aaoge?? qki kisi ek account me achanak se paisa aa jega to incmetax department ko shak hoga aur wo tax charge kr skte hai isly……dhere dhere krke ap apne account ke paisa trf krlo bad me nikal lena sab

      • agar maine 20000 Daly saving a/c. me bhar diya to o puchenge nahi kahase 20000 aate hain main to rikshaw chalata hoon Daly 1000 to 1500 dhanda hota hain

        • isly maine kha ki ap ek hi account me sare paisa na dale…..sabse phle ap post office jakr 4000 exchange kr le km se,,,km baki paise 3-4 account me dal de alag alag …

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