Exchange of old Rs 500/1,000 notes to continue at RBI counters

Agencies
November 25, 2016

New Delhi, Nov 25: Banned 500 and 1,000 rupee notes will continue to be exchanged for new currency at RBI counters even after the facility was withdrawn from all banks.

The government had yesterday announced that the demonetised 500 and 1,000 rupee notes can no longer be exchanged at bank counters and any holdings will necessarily have to be deposited in bank accounts.

"The Reserve Bank of India advises members of public that exchange of banknotes in Rs 500 and Rs 1,000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank up to the current limits per person as hitherto," the central bank said in a statement.

The limit to exchange old notes was recently set at Rs 2,000 per person.

The RBI said the facility of exchanging demonetised currency notes "is no longer available at other banks' counters."

Comments

Renu
 - 
Thursday, 2 Jun 2022

I am a Canadian citizen and I have few notes of discontinued 1000 and 500 denominations.Can theses notes be exchanged. Thanks

Praveen Kumar
 - 
Tuesday, 31 May 2022

I have 500 notes for 8notes and 1000 thousand rupee one note how to exchange

I have old currency in the denomination of ₹500 &1000
which was demonitized in November 2016.
Is it possible to exchange it now. Your assiis highly appreciated.

SUBRAHMANYA k Hegde
 - 
Sunday, 10 Oct 2021

Ihave 20 old 500 notes 70 old thousand rupees notes

Ravi Kant Verma
 - 
Friday, 8 Oct 2021

Mere pass purni mudra ( 500 ) ka 44 note hai main kaise exchange kar sakta hoon

Hanamanta singe
 - 
Wednesday, 29 Sep 2021

Old 500 hundred notes 4 but how to exchange

Munindra Deori
 - 
Friday, 27 Aug 2021

I have 1 crore old notes currency how can I exchange it is possible?

Akhilesh Das
 - 
Wednesday, 25 Aug 2021

I have Rs. 50000 old currency (Rs. 500 and Rs. 1000 ) how can I exchange and what is the procedure ?

Shivnandan Kumar
 - 
Wednesday, 25 Aug 2021

1500 ka purana note change karna hai

Shivnandan Kumar
 - 
Wednesday, 25 Aug 2021

500 ke note exchange

JAVEED AHMED MUJAHID
 - 
Thursday, 19 Aug 2021

Sir,
I have Rs.7000 old currency (Rs.500/1000)pls kindly gauide me how to exchange old currency
Thank you.

Sandeep Saini
 - 
Wednesday, 18 Aug 2021

I have some old currency (1000 rs ) notes , pls help me or suggest me to exchange them

Narendra verma
 - 
Tuesday, 17 Aug 2021

Mere pass 1rupee ka 5 note hai main ese exchange karna chata huin contanct no.9559040904

Ma qadeer
 - 
Monday, 9 Aug 2021

I have 1cr 500 or 1000 old note available contact 9121616351

Ashok--7981872141
 - 
Monday, 12 Jul 2021

Iam Ashok-from-Telangana-Karimnagar, I have old 500 notes (9) if any required pls contact me.
My no. 91-7981872141

Priyanka
 - 
Thursday, 8 Jul 2021

We should get one more chance to exchange 500 & 1000 notes

Sourav roy
 - 
Wednesday, 23 Jun 2021

Exchange rates 500 india old currency

Vivek Saroj
 - 
Tuesday, 22 Jun 2021

I have 4 old five hundred notes

RAJKUMAR
 - 
Tuesday, 22 Jun 2021

Hi ,i having 25 nos of 500rs ,so i need to exchange it how can i exchange

Nitin badere
 - 
Monday, 21 Jun 2021

I have 20 old 500/- notes exchange

Dinesh kushwaha
 - 
Monday, 21 Jun 2021

I have only 500 old rupay

Raunak singh
 - 
Monday, 21 Jun 2021

I have a old 500 note how can I sell this.

Aman
 - 
Sunday, 20 Jun 2021

Sir/madam

I have Rs 8000 old currency (rs 500 and 1000) can i exchange it.

Plz reply

Shampa Chakraborty
 - 
Saturday, 12 Jun 2021

I have six old 500 notes.So I exchange this notes.Can I exchange or not and how can I exchange.

Anand kumar
 - 
Thursday, 10 Jun 2021

500 note exchange

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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