All You wanted to know from RBI about Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000 Notes

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Published on June 29, 2017

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All You wanted to know from RBI about Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000 Notes

Notifications
Jun 29, 2017 Specified Bank Notes held by DCCBs
Feb 13, 2017 Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Holding Limit
Feb 08, 2017 Removal of limits on withdrawal of cash from Saving Bank Accounts
Jan 30, 2017 Limits on Cash withdrawals from Bank accounts and ATMs - Restoration of status quo ante
Jan 16, 2017 Enhancement of withdrawal limits from ATMs and Current Accounts
Jan 03, 2017 Exchange facility to foreign citizens
Jan 03, 2017 Allocation of cash for rural areas
Dec 31, 2016 Facility for exchange of Specified Bank Notes (SBNs) during Grace Period – Verification of KYC and Account details
Dec 30, 2016 Cash withdrawal from ATMs – Enhancement of daily limits
Dec 30, 2016 Special measures to incentivise Electronic Payments – Extension of time
Dec 30, 2016 Closure of the scheme of exchange of Specified Bank Notes (SBNs) at banks on December 30th 2016- Accounting
Dec 21, 2016 Deposit of Specified Bank Notes (SBNs) into bank accounts- Modification
Dec 19, 2016 Deposit of Specified Bank Notes (SBNs) into bank accounts
Dec 13, 2016 Preservation of CCTV recordings
Dec 12, 2016 Distribution of Mahatma Gandhi (New) Series Banknotes – Records
Dec 12, 2016 Detection of counterfeit notes in Specified Bank Notes (SBNs) - Reporting
Dec 09, 2016 Security and Risk Mitigation measure - Technical Audit of Prepaid Payment Instrument issuers
Dec 06, 2016 Card Not Present transactions – Relaxation in Additional Factor of Authentication for payments upto ₹ 2000/- for card network provided authentication solutions
Dec 02, 2016 Allocation of banknotes
Nov 30, 2016 Accounts under PMJDY - Precautions
Nov 30, 2016 Deposit of SBNs – Chest Balance Limit / Cash Holding Limit
Nov 28, 2016 Withdrawal of cash from bank deposit accounts - Relaxation
Nov 28, 2016 Chest Guarantee Scheme for SBNs – Additional Space
Nov 27, 2016 Chest Guarantee Scheme for SBNs - Facility at district level
Nov 25, 2016 Withdrawal of cash – Weekly limit of ₹ 24,000 to continue
Nov 24, 2016 Discontinuation of over the Counters Exchange of SBNs
Nov 24, 2016 Withdrawal of Specified Banknotes : Cash requirements of pensioners and Armed Forces Personnel
Nov 24, 2016 Specified Bank Notes (SBNs) - Deposit under Guarantee Scheme to decongest the storage facilities at banks
Nov 23, 2016 Deposit of specified banknotes (SBN) in Small Savings Schemes
Nov 22, 2016 Special Measures to incentivise Electronic Payments – (i) Enhancement in Issuance Limits for PPIs in India (ii) Special measures for merchants
Nov 22, 2016 Cash Withdrawal for purpose of Celebration of Wedding – Modification
Nov 22, 2016 Making Cash available for Rabi Crop Season – Advisory to Banks
Nov 22, 2016 Fraudulent Practices
Nov 21, 2016 Revisions for Farmers/Traders registered with APMC/Mandis
Nov 21, 2016 Cash Withdrawal for Wedding
Nov 21, 2016 Relaxation in Prudential Norms
Nov 21, 2016 Cash Withdrawal Limit Facility for Overdraft/Cash Credit Accounts
Nov 20, 2016 Withdrawal Limits from ATMs unchanged
Nov 18, 2016 Cash Withdrawal at POS - Withdrawal Limits and Customer Fee/Charges - Relaxation
Nov 17, 2016 Limit for Exchange Over the Counters Revised
Nov 16, 2016 Daily Reporting by Banks
Nov 16, 2016 Compliance with Provisions of 114B of the Income Tax Rules, 1962
Nov 15, 2016 SOP for putting Indelible Ink on the Finger of the Customers coming to a Bank Branch for SBNs
Nov 14, 2016 Usage of ATMs – Waiver of Customer Charges
Nov 14, 2016 Expanding the Distribution Locations for Deposit and Withdrawal of Cash
Nov 14, 2016 Applicability of the Scheme to DCCBs
Nov 13, 2016 Revision in Limits for Cash
Nov 13, 2016 Reporting and Monitoring – Information on Issuance of Banknotes Over the Counters / ATMs
Nov 11, 2016 Issue of Pre-Paid Instruments to Foreign Tourists
Nov 11, 2016 Reporting and Monitoring
Nov 11, 2016 Relaxation for Government Departments
Nov 10, 2016 Limits for Banks, Post offices, Money Changers, White Label ATMs
Nov 10, 2016 Payment Systems to remain open on Saturday, November 12 and Sunday, November 13, 2016
Nov 09, 2016 RBI Instruction to Banks for Changes in ATM
Nov 09, 2016 Banks to remain open for Public on Saturday, November 12 and Sunday, November 13, 2016
Nov 09, 2016 Instructions to Authorised Persons
Nov 08, 2016 RBI Instructions to Banks
Nov 08, 2016 Closure of ATM Operations
Press Releases
Jan 05, 2017 Clarification regarding Specified Bank Notes (SBNs)
Dec 31, 2016 RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs
Dec 19, 2016 Issue of ₹ 500 banknotes with the inset letter ‘R’
Dec 16, 2016 Issue of ₹ 500 banknotes in Mahatma Gandhi (New) Series with the inset letter ‘E’ having ‘star’ mark in the number panel
Dec 13, 2016 Shri R. Gandhi and Shri S. S. Mundra, RBI Deputy Governors brief Agencies on Currency Issues: Edited Transcript
Dec 08, 2016 Issuance of ₹ 500 bank notes without inset letter, in the Mahatma Gandhi (New Series)
Dec 01, 2016 RBI cautions against Information received on Unsecured/Unofficial Channels
Nov 25, 2016 Exchange Facility at RBI to continue
Nov 22, 2016 Exchange Facility – Reports of misuse – Caution to Public
Nov 22, 2016 Special measures to incentivise Electronic Payments
Nov 18, 2016 Withdrawal limits and customer fee/charges for POS relaxed
Nov 17, 2016 Supply of Notes Sufficient; Do Not Panic or Hoard Currency: RBI reiterates
Nov 15, 2016 RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions
Nov 14, 2016 Usage of ATMs – Waiver of customer charges
Nov 14, 2016 DCCBs can allow existing customers to withdraw upto ₹ 24,000 from their accounts : RBI
Nov 14, 2016 Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes - Recalibration and reactivation of ATMs
Nov 13, 2016 Issue of ₹ 500 banknotes inset letter ‘L’ in Mahatma Gandhi (New) Series
Nov 13, 2016 Don't draw and hoard; enough cash in small denominations available at RBI and banks: RBI
Nov 12, 2016 Withdrawal of Legal Tender Character of ₹ 500 and ₹ 1,000: RBI Statement
Nov 12, 2016 Authorities are closely monitoring Information through Reports: RBI
Nov 11, 2016 Enough Cash is Available, RBI reassures; urges Public to exercise Patience and Exchange Notes at Convenience
Nov 10, 2016 Payment Systems to remain open on Saturday, November 12 and Sunday, November 13, 2016
Nov 09, 2016 Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016
Nov 08, 2016 RBI issues ₹ 500 banknotes inset letter ‘E’ in Mahatma Gandhi (New) Series
Nov 08, 2016 RBI issues ₹ 2000 Banknotes with inset letter ‘R’
Nov 08, 2016 RBI issues ₹ 2000 Banknotes
Nov 08, 2016 Banks closed for public on November 9, 2016
Nov 08, 2016 Withdrawal of Legal Tender Status for ₹ 500 and ₹ 1000 Notes: RBI Notice
Data Releases
Feb 03, 2017 Weekly Release of Electronic Payment Systems Data from RBI
Dec 21, 2016 Distribution of Banknotes during November 10 to December 19, 2016
Dec 13, 2016 Shri R. Gandhi and Shri S. S. Mundra, RBI Deputy Governors brief Agencies on Currency Issues: Edited Transcript
Dec 08, 2016 Activity at Banks during November 10 to December 7, 2016
Dec 02, 2016 Daily Release of Electronic Payment Systems Data from RBI
Nov 28, 2016 Activity at Banks during November 10-27, 2016
Nov 21, 2016 Activity at Banks during November 10 to November 18, 2016
FAQs
May 26, 2017 Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Act 2017 & Specified Bank Notes (Deposit of Confiscated Notes) Rules 2017
Security Features of Mahatma Gandhi (New) Series
₹ 2000
₹ 500
₹ 2000 and ₹ 500