As expected there was lot of chaos around with some people struck without any usable currency. Here are list of places where your old Rs 500/1000 currencies should be accepted till November 11 midnight.
Unfortunately these establishments are not accepting these notes easily. There were several complaints about the same in news and social media.
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In addition to the above following have been added to the list today:
The problem at most places is they would not be able to give you change as they might have run out of it. So if you go to petrol pump fill up in multiples of 500. Social media has been abuzz with a lot of places which should accept old notes are not doing so or overcharging customers.
As I expected, there are some schemes already in the market where you can use your old notes. Here are some samples:
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Now you can get 24,000/week in all the private sector bank. But only 2,000 in public sector bank.
Hi,
I have a property to sell out. So, if someone wants to buy the same in cash, should I accept old Rs.500 & Rs.1000 notes?
No as it would be high risk transaction. If you do then be ready to answer questions from income tax department