MENU X
Modi Government’s 5 Latest Decisions Post Currency Ban


After the currency got banned, almost every day we have new updates on the rules and limits of withdrawals, exchange and deposit of cash. The latest updates on the currency notes ban issue are as follows:

1. Families with wedding scheduled

The families which have a wedding lined up in their homes will now be able to withdraw greater amount of cash. Both the bride and the groom side of families can take out cash up to Rs.2.5 lakh each. This money can be withdrawn from either the account of the bride and the groom or from their parents’ account. But they’ll have to present a declaration of their wedding. This facility has been offered as it is the wedding season and people are facing too much trouble due to the currency ban. This facility will only be available to those who have their accounts KYC verified.

2. Exchange money

The limit for exchanging money has been reduced to Rs.2,000 a day from Rs.4,500. You can deposit the rest of the money in your accounts.

3. Get money at petrol pumps

The government has introduced the facility of providing money at 2,500 petrol pumps in the country. This facility is only available at places where SBI has installed its POS (Point of Sale) machines. You would be able to take up to Rs.2,000 at one go from these.

4. National Highways Toll free

All National Highways would not ask for Toll till November 24 as people are still lacking lower currency notes.

5. Cash salary withdrawal in advance

All employees till Group C employees working at the Center, Defense, Railway or other Government companies can withdraw cash salary in advance worth up to Rs.10,000. This step has been taken because the Center has about 33 lakh employees of Group C, who were facing great trouble.

Also Read:

Banks to remain open this weekend post ban on Rs.500 and Rs.1000 notes

Rs.500, Rs.1000 notes banned: All You Need to Know and Do Now

ATMs started dispensing new Rs.500 notes, Latest updates

How is Rs.500 and Rs.1000 notes ban affecting the common man of India?

The 246-year-old History of Indian Notes

 


You May Also Like

Jaipur Junction has secured 8th ranking in the list of A1 Category Stations in the country on basis of its cleanliness standards.

Actress Shilpa Shetty was in Jaipur for conducting a yoga session on 22nd and 23rd April. The actress made people of Jaipur to stretch, bend and focus at the yoga session at SMS Investment Ground on both days.

False ceiling in the premises of the well-known hotel Bella Casa fell down and collapsed on people, who had gathered there for a ring ceremony. 3 killed.

Chartered Accountancy is widely considered as one of the toughest professional courses across Indian Education system.

The introduction of coworking spaces in Jaipur marks the changing work culture in the pink city. Along with the emerging trend of coworking spaces, several offices are now offering utmost leisure and comfort to their employees as well.