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500 and 1,000 rupee notes will continue to be exchanged for new currency at RBI counters even after the facility was withdrawn from all banks.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members of public that exchange of banknotes in Rs 500 and Rs 1,000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank up to the current limits per person as hitherto," the central bank said in a statement.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
November 30,2025

airportmetro.jpg

Udupi: The pontiffs of Sri Paryaya Puttige Mutt, the sacred seat of Jagadguru Shrimad Madhvacharya Moola Samsthanam, have submitted a proposal to the Prime Minister seeking comprehensive development for Udupi district. 

Proposal for International Airport

A key request is the establishment of an international airport. Highlighting that around 1,000 acres of land are available and suitable, the pontiffs noted that the existing Mangalore Airport provides limited international connectivity. They suggested the airport be developed under a Public-Private Partnership (PPP) or as a Greenfield Airport to boost trade, education, healthcare, and spiritual tourism.

Metro and Rapid Transit Connectivity

The proposal also calls for Metro Rail or Rapid Transit between Mangaluru and Udupi. The 55 km coastal stretch experiences heavy daily commuter traffic, causing congestion. The district administration is ready to prepare an initial project report for a Mass Rapid Transit corridor and requested inclusion under national urban mobility programmes to ensure safe, green, and time-efficient regional transport.

Port and Coastal Development

The pontiffs urged the development of an international-standard port with a cruise terminal along Udupi’s coast. They also requested fast-tracking of pending coastal tourism projects and revising Coastal Regulation Zone (CRZ) norms to encourage sustainable infrastructure and hospitality investment.

IT, AI and Technological Infrastructure

Support was sought for an IT and AI Innovation Park with incubation facilities under Digital India and Startup India initiatives. The proposal also emphasized the need for strengthened data security and cloud computing infrastructure to boost India’s technological independence.

Sports and Education Initiatives

The pontiffs requested national sports status for Kambala, along with financial and infrastructure support. They also sought the establishment of an AIIMS in Udupi, a new IIT campus, and approval for an IIM to promote higher education in the district.

Representation to the Prime Minister

Sri Sugunendra Tirtha Pontiff and Sri Sushrendra Tirtha Swamiji represented the pontiffs in submitting the comprehensive development proposal to the Prime Minister during his recent visit.

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News Network
December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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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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