Currency Note: After 2000 notes, RBI made an important announcement regarding 100, 200 and 500 notes.

Currency Notes: The central government has taken a big decision regarding the 2000 rupee note. It has been decided to withdraw the 2000 rupee note from the country. For this, people have been given time till September 30, in which they can deposit 2000 notes in the bank. Also, four BIs have stopped issuing Rs 2000 notes. Apart from the news about the 2000 rupee note, an important update has also come out regarding the 100, 200 and 500 rupee notes.

Fake news often comes to the fore regarding notes less than Rs 2000, but the country’s state-run bank PNB has made an important announcement regarding small notes. According to the advertisement, people who have mutilated notes of small denomination can easily exchange these notes at the bank and get new notes in return.

PNB tweeted from its official Twitter account that if a person has old and torn small notes, they can easily exchange them by visiting the bank. For that people should approach their nearest bank where they can exchange notes and coins.

According to the new rule of RBI, if a person has an old or torn note, then they do not need to worry, you can contact the nearest branch of your bank and get this note replaced. If a bank employee refuses to exchange coins or notes, the customer can also file a complaint. However, while exchanging notes, people have to keep in mind that the worse the condition of the note, the lower its value.

According to the RBI, a torn note will be accepted only if one part of it is damaged or it is broken into two or more pieces. Also if any vital part of the currency note is missing such as the name of the issuing authority, promise clause, signature, Ashoka pillar, photograph of Mahatma Gandhi, the lot will not exchange the bank note.