Dont be hurry to deposit money in bank
There are lots of crowds who are spending time in standing in queue in the ATMs and banks for exchanging the recently declared as invalid currency notes of Rs. 500/- and Rs. 1000/-.
They are struggling a lot for not having the required money for essential things. They are very much anxious to deposit all their invalid currencies immediately in banks and get credit and thus lot of crowds are seen in front of ATMs and in banks.
Through transactions done through demand drafts and cheques which are processed in public, banks and has shown eagerness in exchange of Rs 500 and Rs 1000 currency notes. Maximum withdrawing limit increased from today. So public can withdraw more money from bank and ATMs.
Enough time are given till 30th December for exchanging invalid currency notes. The transaction through Rs. 100/- currency notes has started in the banks and ATMs now.
Availablity of new Rs 500/-currency note to be released today, its expected that the crowd levels in ATMs and banks will come down. Banks have started sending SMS to customers advising them not to be in hurry to deposit money as enough time which is available to exchange invalid notes.
Banks have informed that public interested in exchange or deposit of money can visit bank when crow is less and avoid up crowd timings. Exchange is possible till 30th December.