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1. Keep calm: you have 50 days time to exchange / deposit your old notes in banks / post office and lower denomination notes and coins will remain legal tender. 2. Emergency requirements have been taken care of. · Some leeway has been given by the government for use of these notes for medical emergencies etc. For first 72 hours from Nov 8 midnight i.e. till 11 Nov midnight government hospitals will accept these old notes, pharmacies in government hospitals will accept these notes with Doctor’s prescription. · Old notes will be accepted for railway ticket booking and air travel booking for the first 72 hours. RELATED VIDEO RBI to circulate new 500, 2000 currency notes · Additionally, For 72 hours old notes will be accepted at petrol , diesel and CNG stations authorised by public sector companies, milk booths, crematoriums, and government co-operative stores. · International airports will make arrangements for arriving passengers to exchange up to Rs 5000 wo...

A look at the new Rs. 500, Rs. 2000 notes specimen. Photo: www.rbi.org Economic Affairs Secretary Shaktikanta Das unveils the new Rs. 2000 note in New Delhi on Tuesday. Photo: PIB Prime Minister Narendra Modi addressing the nation on Tuesday. Photo: PIB Prime Minister Narendra Modi. WHAT SHOULD I DO ?? READ THIS... MONEY EXCHANGE WHAT TO DO WITH OLD NOTES >>> HOW TO CHANGE  From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender. "These notes are just papers from tomorrow," says the prime minister. Taking the nation by surprise, Prime Minister Narendra Modi on Tuesday night announced demonetisation of Rs. 1000 and Rs. 500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his first televised address to the nation, Mr. Modi said people holding notes of Rs. 500 and Rs. 1000 can deposit the same in their ...