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Friday, December 30, 2016

Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1,000/- banknotes - SB Order No. 12/2016

From: Director (CBS)

Sent: 30 December 2016 15:51

To: All CPMG; CPMG Telangana Circle; rajhans.ops@gov.in

Cc: All Postal Divisions; pande.alok@nic.in; Director (Financial Services); ADG (FS I); adsb1dakbhawan@gmail.com; ADG (CBS);controlroomdte@gmail.com

Subject: Important: Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1,000/- banknotes - SB Order No. 12/2016


Respected Sir/Madam,                                        Important

In continuation of trailing mails, please find attached the RBI notification no. DCM (Plg) No.2103/10.27.00/2016-17 dated December 30, 2016 regarding closure of the scheme of exchange of Specified Bank Notes (SBNs) at banks on December 30th 2016. In this connection, following instructions are issued:

1. All Circle/Regional Level control rooms to continue till further orders. 

2. With the closure of the facility of deposit of SBNs (WOS banknotes) as at the close of business on December 30, 2016, all Circles should submit a consolidated report (from 10.11.2016 to 30.12.206)in Annexure 3D in addition to the daily reports of today (30.12.2016), to control Room Directorate.

3. The Post Offices which are linked to the Bank Branches having currency chest should deposit SBNs/WOS banknotes byDecember 31, 2016. 

4. SBNs (WOS banknotes) cannot form part of Post Offices cash balances from the close of business as on December 31, 2016. 

5. Necessary action may be taken to deposit WOS banknotes today itself in linked banks.


With regards,

Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan


From: Director (CBS)

Sent: 29 December 2016 18:32

To: All CPMG; CPMG Telangana Circle

Cc: All Postal Divisions; pande.alok@nic.in; Director (Financial Services); ADG (FS I); adsb1dakbhawan@gmail.com; ADG (CBS)

Subject: Fw: Withdrawal of Legal Tender Character of existing Rs 500/- and Rs 1,000/- banknotes - SB Order No. 12/2016


Respected Sir/Madam,

Kindly refer to SB order no. 12 dated 8.11.2016 and Gazette Notification No 10/3/2016-CY.1 dated 8th November 2016 issued by Government of India regarding accepting of WOS banknotes till close of 30th of December 2016. In this connection it is requested to kindly ensure that post offices will accept the WOS banknotes only upto 30th of December 2016.


With regards,

Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan


 
 

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