Banned Indian 500, 1000 Rs Notes usage from 25-11-2016 details, deposits, exchanges, payments info



usage, spending of banned 500, 1000 rupee notes from 25th November 2016 onwards details, info. the 1000 rs note can only be deposited in to your accounts and it cannot be used anywhere even at govt outlets. but for the banned 500 rupee note the indian government has extended its usage till 15th December 2016 at all hospitals, government run businesses. the exchange of cash at banks is also stopped from today. so if you have 1000 rupee notes, kindly deposit those in your bank account. 500's can be used till the deadline mentioned above.


500, 1000 Banned Notes Usage Post 24th November 2016 details


old banned 500, 1000 rupee notes usage from today 25-11-2016 important points, details, info

Exchange of banned 500, 1000 rs notes not allowed over the counter from 25-11-2016

500 rupee Old notes will be allowed in some places like petrol pumps, toll booths till 15-12-2016 (mostly government, medical outlets)



1000 rupee notes only accepted in banks and that too only deposit in to your account as the central government has stopped the exchange of old notes over the counter at banks.

"There will be no exchange of old Rs. 500 and Rs. 1,000 notes from 25-11-2016 onwards in banks (i.e.--> put money in to your bank account and withdraw with cheque)


the use of old 500 notes at petrol pumps, government hospitals and other public utilities till December 15th, but The banned 1,000 rupee note can now not be used at these utilities.

Places where to Use Banned 500, 1000 INR notes from 25-11-2016 onwards


from today 25-11-2016 (25th november) to 15-12-2016 (15th december), you can use the banned 500 rupee notes at the following places 



toll plazas and petrol pumps.

school fees up to Rs. 2,000 per student in central government, state government, municipality and local body schools.

fees in central or state government colleges.

pre-paid mobile top-up to a limit of Rs. 500 per top-up.

consumer cooperative stores operated under authorisation of central or state governments with identity proof (Safal, Mother Dairy) up to Rs. 5,000 at a time.

milk booths under central or state governments.

current and arrear dues to utilities will be limited to only water and electricity.

government hospitals for medical treatment.

all pharmacies for buying medicines with doctor's prescription.

railway ticketing counters, bus ticket counters of government or public sector undertakings and airline counters at airports for purchase of tickets.

crematoria and burial grounds.

international airports for arriving and departing passengers up to Rs. 5,000.

LPG cylinders.

on-board catering during travel by rail.

tickets suburban and metro rail travel.

entry tickets monument maintained by the Archaeological Survey of India.

fees, charges, taxes or penalties, payable to central or state governments including municipal and local bodies.

utility charges including water and electricity, but no advance payments.Payments towards court fees.

purchase of seeds from designated state-run outlets.


Indian Banned Currency 500, 1000 rupee notes usage from today 25-11-2016 details



The present limit on withdrawal of upto Rs. 24,000 per week per bank account will be the same

ATMs can be used to draw upto Rs. 2,500 a day per card. The RBI has doubled the limit on digital transactions through e-wallets like Paytm, mpesa, oxygen, freecharge to Rs. 20,000 per month.