New Rs 500, Rs 2000 Indian Currency Notes Announced By PM Modi

In a major step to check black money, Prime Minister Narendra Modi on Tuesday announced demonetization of Rs 500 and 1000 currency notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his televised address to the nation, Modi said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.

Modi said the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless piece of paper.” However, he said that all notes in lower denomination of Rs 100, Rs 50, Rs 20, Rs 10, Rs 5, Rs 2 and Re 1 and all coins will continue to be valid. He also announced that new notes of Rs 2000 and Rs 500 will be introduced.

Picture Of New Rs 500, New Rs 2000 Notes

new notes of Indian currency Rs,500 and Rs,2000
new notes of Indian currency Rs,500 and Rs,2000

 

Picture Of New Rs 500 rupee:-

Reserve Bank of India 500 rupee notes
Reserve Bank of India 500 rupee notes

 

 

Picture Of New Rs 500
Picture Of New Rs 500

 

Picture Of New Rs 500 rupee
Picture Of New Rs 500 rupee

 

Picture Of New Rs, 2,000 rupee:-

New Rs 2000 Note by RBI
New Rs 2000 Note by RBI

 

new indian currency Rs 2000 notes
new indian currency Rs 2000 notes

 

 

RBI introduces new currency features in Rs 500, Rs 2000 notes
RBI introduces new currency features in Rs 500, Rs 2000 notes

 

Following the announcement, there were huge crowds outside ATMs across the country as people lined up to withdraw currency of smaller denominations.

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