Category: RBI
PAN compulsory for old bank notes deposit exceeding Rs 50000. For cash deposits copy of PAN card must if bank account is not seeded with PAN-RBI Reserve Bank of India Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income …
SOP-Putting indelible ink for old bank not exchange. Ink to be put on right index finger to identify that old currency notes exchanged only once-RBI Reserve Bank of India Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch …
Withdrawal of old bank notes-Cooperative Banks to Strictly Comply with RBI Instructions for withdrawal of legal tender of 500 and 1000 bank notes Reserve Bank of India Date : Nov 15, 2016 Withdrawal of Legal Tender Character of Specified Bank Notes: RBI asks Cooperative Banks to ensure Strict …
Waiver of ATM charges for withdrawal from savings bank till 30-12-2016. whether transactions done at their own banks ATMs or other banks ATMs-RBI Reserve Bank of India Usage of ATMs – Waiver of customer charges RBI/2016-17/132 DPSS.CO.PD.No.1240/02.10.004/2016-2017 November 14, 2016 The Chairman and Managing Director / Chief Executive …
Separate Pay-in-slips for cash deposits of withdrawn bank notes. Depositor with mixed bunch of Specified Bank Notes and legal lender notes has to segregate them-RBI Reserve Bank of India (RBI) vide its notification dated 14th November, 2016 has taken several measures consequent to withdrawal of Legal Tender …
Cash withdrawal limit from Current Account increased to Rs. 50000 per week Reserve Bank of India (RBI) vide its notification dated 14th November, 2016 has taken several measures consequent to withdrawal of Legal Tender Character of Specified Bank Notes by expanding the distribution locations for deposit and …
DCCB not allowed to exchange-deposit old notes of Rs 500 1000. However District Central Cooperative Banks can allow withdrawal of notes under limits-RBI Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs …
Task Force for ATMs recalibration reactivation for new bank notes dispensation. Expeditious reactivation of all ATMs in planned manner. Reserve Bank of India Date : Nov 14, 2016 Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes – Recalibration and reactivation of ATMs It …
New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased by Rs. 500/-Notification MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 13th November, 2016 S.O. 3446(E).—In exercise of the powers conferred by sub-section (2) of …
New bank notes cash withdrawal limit increased to Rs.24000. Limit of 10000 per day removed. ATM and exchange revised limit increased by Rs. 500/- Government of India Ministry of Finance Department of Economic Affairs ******** November 13, 2016 Press Release Today (13.11.2016) Finance Ministry has reviewed the position …
