Monday, 28 November 2016

Re: [World Malayali Club] old notes

 

19. I am right now not in India, what should I do?

If you have Specified banknotes in India, you may authorise in writing enabling another person in India to deposit the notes into your bank account. The person so authorised has to come to the bank branch with the Specified banknotes, the authority letter given by you and a valid identity proof (Valid Identity proof is any of the following: Aadhaar Card, Driving License, Voter ID Card, Pass Port, NREGA Card, PAN Card, Identity Card Issued by Government Department, Public Sector Unit to its Staff)

20. I am an NRI and hold NRO account, can the exchange value be deposited in my account?

Yes, you can deposit the Specified banknotes to your NRO account.


On Sat, Nov 26, 2016 at 5:22 PM, Yahoo amd_murali1951@yahoo.com [worldmalayaliclub] <worldmalayaliclub@yahoogroups.com> wrote:
 

Some of my friends working abroad have some old Rs. 500 and Rs.1000 notes around six or seven thousndas (which they use when they come to india). They do not have any plan to visit India before 31/3/2017 the last date for changing them in RBI. In this case how to exchange them. Can any memeber know the guide lines. Please inform if there is any leagal way of exchanging them.
Murali


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