Have harmed, dirtied, or ravaged money notes? Such notes are for the most part not being acknowledged on the lookout for making installments. Assuming you have such notes and you are thinking about what to do, you can realize that the Reserve Bank of India (RBI) has ordered banks to trade such notes. As indicated by the RBI the offices gave to the individuals from the public for the trade of their filthy, mangled and so forth notes are as under.
Dirtied notes are those which have become messy and somewhat cut. Notes which have numbers on two finishes, for example, notes in the division of Rs 10 or more which are in two pieces, are likewise treated like a dirty note. The cut in such notes, ought to, be that as it may, not have gone through the number boards. This load of notes can be traded at the counters of any open area bank office, any money chest part of a private area bank, or any Issue Office of the Reserve Bank of India. There is no compelling reason to fill any structure for doing this.
Notes which are in pieces and additionally of which the fundamental bits are missing can likewise be traded. Fundamental segments in a cash note are the name of giving position, ensure, guarantee proviso, signature, Ashoka Pillar seal/representation of Mahatma Gandhi, watermark. The discount worth of these notes is, in any case, paid according to RBI(Note Refund) Rules. These can likewise be traded at the counters of any open area bank office, any cash chest part of a private area bank, or any Issue Office of the RBI without filling any structure.
Different offices for trade
To suit public accommodation, the trade office for ruined notes is likewise presented through TLR(Triple Lock Receptacle) covers. Individuals from the public can get from the Enquiry Counter of the Reserve Bank a TLR cover and put their notes in the cover with points of interest, for example, name, address, divisions of notes stored, and so forth filled in the segments gave on the cover, close it and store it in a container called Triple Lock Receptacle against the issue of a paper token.
This crate is kept at the Enquiry counter at each Issue Office of the Reserve Bank. The acceptable trade worth of the damaged notes will be dispatched through a bank draft or a compensation request. Ruined notes can likewise be shipped off any of the RBI workplaces by enlisted/safeguarded post.
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