You are required to fill this form for exchange of old notes : The Tribune India

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You are required to fill this form for exchange of old notes

NEW DELHI:Customers seeking replacement of invalid notes of Rs 500 and Rs 1,000 will have to provide information in a prescribed easy-to-use format to banks, a senior finance ministry official said.

You are required to fill this form for exchange of old notes

The form enables banks to capture information about high-denomination notes. — PTI



New Delhi, November 9

Customers seeking replacement of invalid notes of Rs 500 and Rs 1,000 will have to provide information in a prescribed easy-to-use format to banks, a senior finance ministry official said.

“A format (has been provided) which enables banks to capture information about high-denomination notes which are being provided and also what is the requirement which will suffice for purposes of identification," Financial Services Secretary Anjuly Chib Duggal said.

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She further said it is all being put that is easy to read and very easy to operate so that each customer is taken care of in a very short span of time.

Click here for larger image of the form

Allaying fears of likely shortage of currency notes, she said there is appropriate arrangement for new currencies.

"Availability of cash... that is something which has been taken care of," she said.

RBI has asked all cash logistics companies to replace high denomination notes and fill it with valid notes, including Rs 100, so that ATMs are functional from November 11.

"We have received clear guidelines from RBI. Nearly 8,800 cash vans and all employees would be working round the clock so that customers are not put to inconvenience," said Rituraj Sinha, President, Cash Logistic Association and Co-chairman of Ficci Private Security Sector Committee.

Duggal said banks have nominated people as nodal officer to help people access banks.

"We will be working with RBI if any refinement is required," she said. — PTI

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