08 Nov, 2016 Here's what you can do with your Rs 500, Rs 1000 notesIn a move to curb down on black money, Modi government pulls out Rs 500 and Rs 1000 currency notes from circulation, effective midnight of November 08, 2016. Deposit old notes of Rs 500 and 1000 in banks or post offices between November 10 and December 30, 2016. ATM withdrawal limit of Rs 2000 per day per card initially and this will be later raised to Rs 4000 per day5. Rs 500, Rs 1000 notes will be accepted at hospitals, drug stores till November 12. Petrol pumps and retail outlets will have to keep every single entry of cash transaction with Rs 500 and 1000 notes till November 11.
Source: Times of India November 08, 2016 16:04 UTC