500 Notes Rule : Hello friends, a very important news has come out regarding the ₹500 note. If you have ₹500 notes in your house or you have kept them with you for use, then today’s post is very important for all such Indians. You should be well aware that it is being claimed through social media that the ₹500 note is going to be discontinued.
Also, before this, the ₹ 2000 note was also discontinued. Now, there is a new news about the ₹ 5 note, let’s know clearly what the RBI has said on this.
At present, very few ₹500 notes are seen in ATMs, due to which people are claiming that in some time the process of putting ₹500 notes in ATMs can be completely stopped. And people are claiming that by 2025, ₹500 notes will disappear from bank ATMs and this note will be discontinued. So, we have discussed below what PIB fact has come on this type of claim.
New update on ₹ 500 note
It is being clearly stated by RBI i.e. Reserve Bank of India that the ₹ 500 note is not going to be discontinued at all, it has been clearly stated by the Reserve Bank of India that the news that is going viral is completely false. Earlier, the ₹ 2000 note was discontinued, after which at present the ₹ 500 note is the largest note in India. Only the ₹ 500 note is being used in all businesses. If the ₹ 500 note is discontinued, then many people will face problems.
It has been clearly stated by the Reserve Bank of India that at present the ₹500 note will not be banned by the government. The ₹2000 note was banned before this. After this, the ₹500 note is being used in the challan process. Along with the mothers, shopkeepers are also very worried that the ₹500 note will be banned, so let us tell you clearly that according to this current news, this note is not going to be banned at all.
There is no indication of the ban on ₹ 500 notes in any document of the Reserve Bank of India. This note will remain in circulation. The information given in the post that is going viral is completely fake and wrong and has nothing to do with the actual instructions issued by the Reserve Bank of India.
This means that the news that is being rapidly viral on social media is fake. No decision has been taken by the Reserve Bank of India that the ₹ 500 note will not be discontinued. Bank accounts have just been instructed to put ₹ 100 and ₹ 200 notes in ATMs as much as possible and this is the most available reason for the common man.
