J&K&L High Court: Maternity Leave is a Constitutional Right and Cannot be Treated as State Charity || P&H High Court: Second Anticipatory Bail Plea is Not Maintainable After Supreme Court Rejection || Bombay High Court: No Prior Sanction is Required to Prosecute Police For Custodial Assault || Allahabad High Court: Strict Proof of Marriage is Unnecessary if Couple Lived as Husband and Wife || Delhi High Court: UP Passport Disputes Cannot be Filed in Delhi Only Because MEA is Based There || Bombay High Court: Revenue Officers Cannot Decide Caste Status to Remove Tribal Land Protections || Calcutta High Court: Punjab National Bank Liable to Compensate Farmers For Crop Insurance Lapse || Calcutta High Court: Joint Settlement of Liquor Licence is Allowed if All Eligible Heirs Consent || Delhi High Court Holds Multiple Sclerosis is a Specified Disability under the RPWD Act || Allahabad High Court: An Alibi Must be Proved at Trial and Cannot be Accepted by the IO Alone

Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes- (Reserve Bank of India) (14 Jul 2016)

MANU/RDCM/0006/2016

Banking

The Reserve Bank of India notified that up to 20 soiled notes, worth no more than Rs. 5000, can be exchanged free of charge at non-chest branches banks over the counter. For amounts greater than that, the bank is allowed to issue a receipt to be credited later and levy a service charge.

Mutilated and imperfect notes can also be exchanged at non-chest branches of banks over the counter, provided they no more than five in number and do not exceed Rs. 5000. Larger collections and values will be sent to currency chest branches for adjudication.

Tags : CURRENCY SOILED MUTILATED OVER THE COUNTER EXCHANGE

Share :