How to Deposit / Exchange Rupees 500 and 1000 Notes Bank of India

By | June 9, 2017

How to Deposit / Exchange Rupees 500 and 1000 Notes Bank of India

Deposit Rs 500 & Rs 1000 Notes in Bank of India (BOI) –  Currency Exchange Form– Now as we all are aware about the government decision that they have took on 08th November 2016 at 8PM, that now onward they are going to terminate all old 500 and 1000 notes and also our prime minister (Narendra Modi) said that all Indian citizen can exchange only Rs, 4000 in a day and they can deposit only 2,50000, if they will deposit more than 2,50000 then income tax will ask the question about income source. After that news everyone has multiple questions that How to Convert Black money into white money, how to exchange their old high value notes, what to do if they have more then 2,50000 white money, how to deposit more then 2,50000. Here is the as answer of your all questions.


Exchange 500 and 1000 notes


How to Exchange 500 & 1000 Rupees Notes (Currency)

You don’t need to worried about your money if you have all white money, if you want to exchange your money you can visit in any bank branch or post office or sub post office, you will get there exchange form or you can download Currency Exchange form here, you just need to fill this form and submit this with your one documents photo copy, like Voter ID, Pan Card, Adhar Card, Passport, Driving License or any one which is certified by India Government.  And you will get hand to hand your exchange notes by the Bank branch, post office or sub post office.

Download Currency Exchange form this also called Request Slip for exchange of Old High Denomination Bank Notes




How to Deposit Old Notes 500 & 1000

As per the announcement by the Indian Prime Minister Narendra Modi, you can deposit 2,50000, But if you have more than 2,50000 Rupees, you have to give the income source proof. If you have white money you don’t need to worry about single percent.


RBI FAQs on withdrawal of Rs.500 and Rs.1000 notes and available remedies

Rs 500, Rs 1000 Rupees (Currency) Notes Terminated- PM Narendra Modi


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