The Rule for Exchange of Soiled, Mutilated, and Imperfect Notes in Banks

Updated as per RBI Master circular dated April 3, 2023 All bank branches are required to display at their branch premises, at a prominent place, a board indicating the availability of note and coin exchange facility with the legend, “SOILED/ MUTILATED NOTES AND COINS ARE ACCEPTED AND EXCHANGED HERE” for information about the general public. … Continue reading The Rule for Exchange of Soiled, Mutilated, and Imperfect Notes in Banks