Wednesday, November 9, 2016

Clarification regarding acceptance of Rs.500/- and Rs.1000/- or on deposit in Post Office from 10.11.2016

Clarification received from directorate through email regarding acceptance of Rs.500/- and Rs.1000/- in Post Offices. In connection to this SB Order has been released by Directorate(Postal) 

Order No.12/2016 - Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1,000/- banknotes

In continuation of the Orders, Clarification also received from directorate for acceptance of Rs.500/- and Rs.1000/- in Savings Bank accounts such as SB,RD,TD https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxCFHbN4xHVp4LDdcCd6W8TFKKPTqI9bg1Csbb2hKIab4aLdeOWcXIetEVvk3X4QChVT1CLI0IVv2d3012f7-xnySKPE0PtWyC-RMoCqsV6Y5cWmXxYZOkyw3P4wMD_rrO5bJCcdwE_Jiv/s1600/clarification.png
As per SB Order 12/ 2016 only November 9, 2016 is a non business working day for all POs.  Hence on 10.11.2016 as of now POs can do their regular activities.