The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series. The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on 8 November 2016. India’s prime minister, Narendra Modi, has announced that 500 and 1,000 rupee notes are to be taken out of circulation, in a move expected to plunge the the country’s economy into chaos. A proposal for new 500 and 2,000 rupee notes has been cleared by the Reserve Bank of India. There will be no change in any other form of monetary exchange -- cheque, DD, payment via credit or debit

7 Jul 2019 The RBI is permitted to print currency up to 10,000 rupee notes. To deter counterfeiting and fraud, the Indian government withdrew the 500 and  10 Nov 2016 What are currency chests, Cost of Printing Indian Rupee Notes and Cost of Replacing the Rs 500 and Rs 1000 notes. The rumour of the  12 Feb 2019 You can also put the same chip in Rs 500 note as well, by tearing it Bank of India introduced two new notes for 2,000 and 500 Rupees  6 Jan 2019 Read more about Make Rs 200, Rs 500, Rs 2000 Indian notes legal in Nepal: Country to RBI on Business-standard. Before the demonetisation  4 Jan 2017 The Reserve Bank of India rushed new 500 and 2,000 rupee notes to banks and ATMs. But chaotic scenes became routine, with frantic Indians 

Answer 1 of 20: Can I carry new 2000 Rs and 500 Rs note to Nepal and use them there?

Rs 500 and Rs 1000 Note Ban Imapct on Economy, Real Estate and Other Sectors Why India Banned 500 Rupee Currency Notes Rs 500 and Rs 1000 Notes Banned, New Rs 2,000 Note to be out on 10th November How NRIs can exchange 500 or 1,000 Rupee Notes. (Persons of Indian Origin) who keep small amounts of cash in Indian Rupees for traveling to/from India to cover immediate expenses upon landing in India. Of course, due to the comparatively lower value of Indian currency, as well as the convenience of carrying and storing it, most people would India has discontinued its two largest rupee notes in a shocking move against corruption. Notes worth 500 and 1,000 rupees will be invalid starting at midnight local time, Prime Minister Narendra yes,you can exchange your 500 rs. note,but it takes a difficult process to exchange. 1-you have to go at RBI head office with your valid id proof 2-tell them the reason and various question answer. 3-then after some time they deposit you money in First issued by the Mumbai-based Reserve Bank of India in 2005, today’s rupee bills have improved security features, most prominently a reflective security thread. At first sight the current Indian rupee banknotes look much like the older series. Look closer and you will find the year of issue on the reverse side. withdrawn Indian Rupee banknotes Exchange yours now. Convert your leftover withdrawn Indian Rupee banknotes to cash using our hassle-free online exchange service. Withdrawn Indian rupee banknotes include the 500 and 1000 rupee bills that were cancelled in 2016.

12 Feb 2020 The Reserve Bank of India (RBI) prints currency notes of all denominations except one rupee note. In its annual report, the Reserve Bank has 

A false declaration or hiding the demonetize currency while traveling to India can lead to a fine of Rs. 50,000 or 5 times the amount being imported, whichever is higher. Required Documents In order to exchange old notes at RBI, you would need to submit the following documents: 500 rupee note. Cost of Rs 2,000 note falls 65 paise per piece in 2018-19 period The cost of a Rs 2,000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data. The new Rs 500 currency note was introduced into the banking system in November, 2016 after the old one was scrapped by Prime Minister Narendra Modi. The new Rs 500 note along with the Rs 2,000 note was unveiled with new security features along with some old ones. India has discontinued its two largest rupee notes in a shocking move against corruption. Notes worth 500 and 1,000 rupees will be invalid starting at midnight local time, Prime Minister Narendra Withdrawn Indian rupee banknotes include the 500 and 1000 rupee bills that were cancelled in 2016. The cancelled ₹500 and ₹1000 notes are no longer exchangeable at any bank in India: they have since March 2017 effectively lost all monetary value.

500 rupee note. Cost of Rs 2,000 note falls 65 paise per piece in 2018-19 period The cost of a Rs 2,000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data.

There are about 16.5 billion of 500 rupee currency notes and 6.7 billion of 1,000 rupee bank bills in circulation, according to central bank Deputy Governor R. Gandhi, amounting to 15 trillion A false declaration or hiding the demonetize currency while traveling to India can lead to a fine of Rs. 50,000 or 5 times the amount being imported, whichever is higher. Required Documents In order to exchange old notes at RBI, you would need to submit the following documents:

India has discontinued its two largest rupee notes in a shocking move against corruption. Notes worth 500 and 1,000 rupees will be invalid starting at midnight local time, Prime Minister Narendra

There are about 16.5 billion of 500 rupee currency notes and 6.7 billion of 1,000 rupee bank bills in circulation, according to central bank Deputy Governor R. Gandhi, amounting to 15 trillion A false declaration or hiding the demonetize currency while traveling to India can lead to a fine of Rs. 50,000 or 5 times the amount being imported, whichever is higher. Required Documents In order to exchange old notes at RBI, you would need to submit the following documents: 500 rupee note. Cost of Rs 2,000 note falls 65 paise per piece in 2018-19 period The cost of a Rs 2,000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data. The new Rs 500 currency note was introduced into the banking system in November, 2016 after the old one was scrapped by Prime Minister Narendra Modi. The new Rs 500 note along with the Rs 2,000 note was unveiled with new security features along with some old ones. India has discontinued its two largest rupee notes in a shocking move against corruption. Notes worth 500 and 1,000 rupees will be invalid starting at midnight local time, Prime Minister Narendra Withdrawn Indian rupee banknotes include the 500 and 1000 rupee bills that were cancelled in 2016. The cancelled ₹500 and ₹1000 notes are no longer exchangeable at any bank in India: they have since March 2017 effectively lost all monetary value. The Indian 500-rupee banknote (₹ 500) is a denomination of the Indian rupee.The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on November 8, 2016.

India's PM says existing 500 and 1,000 rupee banknotes will be withdrawn from the financial system overnight. India's PM says existing 500 and 1,000 rupee banknotes will be withdrawn from the The Reserve Bank of India will issue new currency notes of 2,000 rupees and 500 rupees. "It is a very powerful measure to curb black money,” said Nirmal Jain, chairman of IIFL Holdings Ltd. Rs 500 and Rs 1000 Note Ban Imapct on Economy, Real Estate and Other Sectors Why India Banned 500 Rupee Currency Notes Rs 500 and Rs 1000 Notes Banned, New Rs 2,000 Note to be out on 10th November How NRIs can exchange 500 or 1,000 Rupee Notes. (Persons of Indian Origin) who keep small amounts of cash in Indian Rupees for traveling to/from India to cover immediate expenses upon landing in India. Of course, due to the comparatively lower value of Indian currency, as well as the convenience of carrying and storing it, most people would