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Public Advisory on De-monetization
Home › Public Advisory on De-monetization

  • In accordance with Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 dated December 30, 2016 and their Notification S.O. 4251(E) dated December 30, 2016, Government of India is offering a Facility for exchange of Specified Bank Notes during a Grace Period:
  • for Resident Indians who were abroad during the period from November 9 to December 30, 2016, and for Non Resident Indians (NRIs) who were not in India during the period from November 9 to December 30, 2016.
  • The Facility is available through five of the offices of the Reserve Bank viz. the Reserve Bank offices at Mumbai, New Delhi, Chennai, Kolkata, and Nagpur. The Facility will remain open for Resident Indians till March 31, 2017 and for NRIs till June 30, 2017. For details regarding eligibility, documentation etc, please click on the link



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