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Pre-2005 series of Banknotes - Revision of exchange facility- (Reserve Bank of India) (30 Jun 2016)

MANU/RDCM/0005/2016

Banking

After 1 July 2016, Pre-2005 banknotes will only be exchanged at Reserve Bank of India offices in the country’s larger cities.

Pre-2005 banknotes continue to remain legal tender, however the RBI has undertaken several steps in recent years to replace the ageing currency.

Relevant : Withdrawal of all old series of Banknotes issued prior to 2005 MANU/RDCM/0009/2015

Tags : CURRENCY PRE-2005 EXCHANGE DEADLINE

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