Railways, buses and metro will not accept Old Rs 5oo notes after 10 December 2016
Author yuvamind
NEW DELHI: The government has reduced the closing date of using
Old Rs 500 notes at railways, bus and metros. Old Rs 500 notes will not be accepted after
10 December 2016. December 10 is last date of using Old Rs 500 notes.
According to the earlier instruction, old notes were to be accepted for the bill payments, railway ticketing counters and counters of buses for purchase of tickets till December 15,2016.
On December 3, 2016, old Rs 500 notes were banned for purchase of petrol, diesel and gas at the stations operating under authorization of public sector oil marketing companies and for purchasing airline tickets at airport counters.
While junking old 500 notes and Old Rs 1,000 notes on November 8, the government had allowed their use for utility bill payments for 72 hours.