Use old 500 Rupees notes after demonetization. After 30th December 2016, you can not use the old 500 and 1000 rupee note at any place. There is urgency in the country.
The whole country is facing the problem of Cash. We want to know that where to use old 500 rupee notes after demonetization. In India, there is cash transaction of about 97%. Those people are the pond of holding the Cash in Hand are also very high.
Everyone is searching for the alternatives of Exchange of 500 and 1000 rupee note. After 24th November, Rs. 1000 will only be submitted into banks. 500 rupee note will be accepted at many places.
I know you must want to know how to exchange old 500 rupee note. How to convert old 500 rupee note into valid currency after Demonetization Process?
Use Old 500 Rupees Notes after Demonetization
Where to use old 500 and 1000 rupees notes after demonetization in India?
- You can pay these to toll Plaza.
- All petrol pumps will accept the old 500 rupee notes until 15th December after demonetization in India.
- You can also pay college fees of states University.
- Use old 500 rupee notes for court fees.
- Make Prepaid Mobile recharges up to Rs 500
- Now you can purchase groceries from co-operative stores under State and Central govt. This will be a great relief after demonetization.
- Pay Railway tickets booking at railway station counters.
- All government Hospitals will accept the old currency.
- Water Bill and electricity Bill payment can be adjusted. This will be a place to use old 500 rupee notes after demonetization in India.
- Buy Medicines from Medical Stores with qualified doctor’s prescription.
- May, not anyone have to use at this place but one can use old 500 rupee notes at crematorium grounds.
- Make Payment against LPG cylinders.
- You can also use old 500 rupees notes after demonetization to buy of seeds from nominated state-owned outlets.
Now, After 31st December 2016 You can not use old 500 and 1000 rupee notes anywhere except to submit in RBI.
With a great step towards the Cashless economy and to fight with black money the government has introduced Demonetization with a Positive thinking. But there are both advantages & Disadvantages of Demonetization discussed earlier. In my opinion, government is giving ample space to use the old 500 rupee notes after demonetization. Above are the areas to use old 500 notes after demonetization