Many times when we transact a large amount with someone, some notes are torn and old. These torn old notes do not run in the market quickly. The shopkeeper sometimes refuses to change these notes. People get very upset with this. In such a situation, to change these torn old notes, one has to go to such places where these notes are converted at half the price. In such a situation, people have to face a lot of damage.
At the same time, do you know that you can go to the bank and change your torn old notes. The bank cannot refuse to change your torn old notes. The Reserve Bank of India i.e. RBI has also made special rules regarding this. In this episode, let us know about this rule in detail-
If you have torn old notes, then you can go to the bank and change them. In addition to your nearest bank, you can also go to RBI office to change torn and old notes. According to the rules, only 20 notes can be changed at a time. At the same time, their price should not be more than 5 thousand rupees. If you change more notes than this, the bank will refuse to take it. ,
Sometimes bad or torn old notes come out of the ATM. In such a situation, people get very upset. If this happens, you have to go to the bank whose money you have withdrawn from the ATM. After this, you have to explain this in writing to the bank. After this you have to show ATM slip or bank SMS as evidence.
After doing all this, the bank will change the old or torn notes from the ATM. If the bank refuses to change your torn or old note, then in such a situation you can file a complaint on the helpline of RBI.
