If you want to change a mutilated note, you need to know this rule
If you have a mutilated note, but you do not know how to change this note. So, we will tell you the new rule of RBI. Will remove the problem of every people. Those who are fed up with mutilated notes. RBI has made provisions for changing the mutilated notes to the general public by presenting the Reserve Bank of India Guidelines, 2009. RBI has written in its guide that the mutilated note means that the note which is not a part of it, is made by combining more pieces than two pieces.
According to the Reserve Bank of India's Guidelines, 2009, if any mutilated notes will be 50% of the size of a note of one rupee, one rupee, five rupees, ten rupees and one-size note of twenty rupee note, If there is more than 50% mutilated and the bank will not give any rupee to it. This is a provision for 50 or more notes that if the largest number of mutilated notes Biopsy size of the money will be returned if the note size would be 65 per cent. If the 50-plus note size is larger than 40% of the largest shot size and less than 65%, half the money will be returned.
It is not a good habit to write on any note, but if you have written a note written on a note or not, then you will not get a note in return for a note. But the bank will take a note in your account.
Read the original source
10 December, 2017
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