What is the value of old 500 rupees note?

What is the value of old 500 rupees note?

The old 500 rupee notes have been categorized as ‘rare Indian currency’. You must have read ‘cash for gold’, but how about ‘cash for cash’? Well, turns out if you are in possession of the old Rs 500 note, you can fetch up to Rs 10,000 without having to do anything except a few clicks here and there.

Can you still exchange old 500 rupee notes?

The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks. A valid identity proof is required for the exchange of the old currency.

Can I exchange old 500 notes now 2021 Quora?

No. The time frame provided for the exchange of old notes is already expired a year ago. Now you can’t do anything with those old notes ( 500 & 1000 denomination) you even can not hold more than 10 pieces.. Now in India, you cannot exchange the old currency as it was now a criminal offence to put an old currency.

What can I do with old Indian currency notes?

Exchanging old notes You need not visit the branch of the bank where you have an account in. If you want to exchange up to Rs 4,000 in cash, you can simply go to any bank with a valid ID proof. This limit of Rs 4,000 for exchanging old notes will be reviewed after 15 days.

Can I still exchange old 500 notes in 2021?

New Rs 500 and Rs 2,000 currency notes to be issued by RBI. Essential services like government hospitals, burial places, rail bookings and air bookings to continue to accept old currency notes to some time. On international airports, old currency notes of up to Rs 5,000 can be exchanged for the next 72 hours.

Can I exchange old notes in 2021?

The Bank of England are withdrawing the paper notes from circulation, following the release of the new £20 and new £50 notes in 2020 and 2021. This means that you’ll have to spend them or exchange the notes before the end date, otherwise you won’t be able to use them as legal currency.

Where can I exchange old cash?

At your bank If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

Where can I exchange old currency?

All these notes can be exchanged at the counters of any public sector bank branch, any currency chest branch of a private sector bank or any Issue Office of the Reserve Bank of India. There is no need to fill any form for doing this.

Are old notes worth anything?

Dates to look out for. As a rough rule of thumb, Pattison says anything from before 1960 is worth getting valued. Even the 1956 old black and white fivers, which a lot of people kept, can sell for good money.

Can we deposit old 500 notes in bank now?

What should I do if I have currency in Rs 500 and Rs 1,000 notes? You can deposit these notes into your bank accounts or they can be exchanged at bank branches till 30th December 2016. Bank notes of the combined value of Rs 4,000 only can be exchanged. Similar facilities will also be made available at Post Offices.

How do I sell my old notes?

Step 1: Open the homepage of websites where you want to sell your old note. You can visit Ebay, Click India etc. Step 2: For selling the note online in an auction, you have to click the photo of the currency note having 12345 or 123456 digits on it. Step 3: Register yourself as a seller on the bidding website.

Will banks take old notes?

What is the old 500 rupee note called?

The Indian 500-rupee banknote (₹ 500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.

How many rupee notes are there in the new Indian currency?

On the chart paper Picture of new Indian 10 rupee and 500 rupee notes. New Indian 10 rupee and 500 rupee notes. On the chart paper Indian currency of 100, 500 and 2000 rupee notes. Indian currency of 100, 500 and 2000 rupee notes on white background 500 in new Indian rupee currency notes.

How to earn Rs 10K from old 500 rupees notes?

If you have an old note of Rs 500 (the ones which were in circulation prior to demonetisation in November 2016) then you can earn Rs 10,000 without having to work hard. When a note (of whichever denomination) is issued by the Reserve Bank of India (RBI), it is printed keeping a fixed pattern in mind.

How many languages are there in 500 rupee note?

Languages As like the other Indian rupee banknotes, the ₹ 500 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India.