A ‘soiled note’ means a note which has become dirty due to normal wear and tear and also includes a two piece note pasted together wherein ...

The penalties imposed by the RBI are in line with its Clean Note Policy, which requires immediate penalty levying upon the detection of a s...

Are you a holder of torn, soiled, damaged currency note? Do no worry, take the note(s) and go to any bank branch. They will exchange the no...

According to RBI guidelines, banks have to refund the customer if fake notes come out from an ATM. If you receive a counterfeit note during...

Public can exchange banks mutilated or defective notes at RBI offices and designated bank branches across the country for either full or ha...

There are about Rs 6.70 lakh crore of Rs 2,000 notes in circulation and the Reserve Bank of India has stopped fresh printing of them

Here are 10 points you should know about exchanging soiled notes and when currency ceases to become legal tender, taken from an RBI master ...

The facility will also be available at post offices if they are maintaining current account with the chest branch managing CGV.

The central bank clarified that banks may deposit the scrapped Rs 500 and Rs 1000 notes directly with its offices in their respective juris...

The notes will remain in the vaults of RBI, under the lock and key of the depositing banks till taken up for examination.

Globally, central banks destroy mutilated notes through various means, including setting them on fire to heat buildings.

In case notes are presented in bulk banks will accept them, against a receipt, for the value to be credited later.

The event organised at EDC House in the city, saw people trading their stock of mutilated currency notes for coins against no cost, ICICI B...

The Reserve Bank today directed all banks to facilitate exchange of cut or mutilated bank notes with clean notes at all their branches.

Should you destroy them or exchange them at the banks? Find out all about handling such seemingly unusable notes, the value you can get for...

Exchanging soiled and damaged currency notes with fresh ones has been made easier with the Reserve Bank asking banks to set up facilities i...

THERE’S good news for bank customers, fed up with torn currency notes and bruised fingers as they struggled to unstaple bill bundles. The R...