Deposits, withdrawals, and purchases post-demonetisation: Who’s allowed to do what


After Prime Minister Narendra Modi announced the currency ban on November 8, there have been restrictions on withdrawals from ATMs, and on deposits of defunct notes in banks. However, the government has announced some exceptions in the 13 days that have passed since demonetisation was implemented.

Here’s a useful guide that will help you understand how much you can borrow or deposit, or in what circumstances you can still use the defunct notes.


What you can normally withdraw


Special withdrawal limit for marriages

There’s more. On your application, you need to mention the date of the wedding (which can’t be later than December 30), and the names, addresses, and identity documents of the bride and groom.

Click here for more…